Consultation: Reporting Income of Freelance Sellers on Digital Platforms

HM Revenue & Customs have opened a consualtion on reporting rules for digital platforms.

The consulation will look at he implementation of the Organisation for Economic Co-operation and Development (OECD) Model Reporting Rules for Digital Platforms, which require digital platforms to report details of the income of sellers on their platform to the tax authority and also to the sellers.

The consulaiton invites comments from digital platforms that facilitate the provision of services, such as freelance work and the sale of goods. The UK government also welcomes views from organisations that represent platforms or businesses in the sharing or gig economy. This includes individuals and companies who provide their services using digital platforms.

The consulation closes on 22 October 2021. To learn more about the process and government’s implentation of the OECD rules, please visit the HM Revenue & Customs webpage here.