Digital platforms reporting rules

HMRC has launched a consultation on the implementation of the OECD Model Reporting Rules which, from January 2023, will require platforms to report details of the income of sellers on their platform to HMRC (or the relevant national tax authority) and also to the sellers themselves ‘to help sellers get their tax right and to enable HMRC to detect and tackle non-compliance’.

The consultation sets out the details of the rules and seeks views on the government’s proposed implementation. The consultation closes on 22 October 2021.