A man got sent 580 letters on one day demanding tax payments after Chinese companies used his address, report says
A man received 580 letters in one day demanding payment for sales tax bills after thousands of Chinese companies fraudulently used his home address to register for tax,Dylan Davies, from Cardiff in Wales, started getting the letters from UK tax authority HM Revenue & Customs telling him to pay sales taxes, known as VAT, in November.
He became concerned that debt collectors would turn up at his home and take property from him after he started getting letters from some. reported his story. In 2021 a law governing how online marketplaces pay VAT changed following the UK's departure from the European Union. It meant that overseas sellers on platforms such as Amazon and eBay should collect sales tax from overseas traders and pay HMRC. However, it did not require proof of address if a company registered a UK address for VAT purposes.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Ram debuts 1500 REV electric truck with 500-mile range to take on F-150We got an up close look at the Ram 1500 REV, an electric truck with a 500-mile range set to take on the F-150 Lightning and Cybertruck
Consulte Mais informação »
Gen Z brands, trends made or brought back for 2023Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Consulte Mais informação »
How much a TikToker with 74K followers earns per month: rates, moreHow much a part-time TikToker who posts career advice for his 74K followers earns per month — and how he navigates the industry
Consulte Mais informação »
13 stocks to buy on the dip in the beaten-down financials sector: BMOBuy these 13 stocks now to bet on a rebound in the unfairly punished financials sector, according to BMO Capital Markets
Consulte Mais informação »
How to make the most of your savings in uncertain timesInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Consulte Mais informação »
I'm a flight attendant, and I think we need better uniformsI'm a flight attendant. I thought I'd get a cute uniform — but in reality, I just get sweaty legs and blisters on my feet.
Consulte Mais informação »