11.17.22

Draft rules for digital platforms

HM Revenue & Customs in the United Kingdom has published some draft rules relating to reporting rules for digital platforms.

These rules impose the following obligations on digital platforms:

• To collect information relating to income of sellers using their platforms to:
  • Rent out property
  • Provide personal services
  • Sell goods
  • Rent out transport

The final regulations are expected to come into effect on 1^st January 2024.