does this recent story ‘ indicate ‘ that ebay could shut down?
im in the uk, im an ebay user, when i have the money, which is rare, i find ebay useful for buying rare things, but i just read this story before in yahoo uk news;
eBay ‘owes £51m in taxes’ to UK
eBay pays £1.2m in British taxes on sales of £800m: report
http://uk.finance.yahoo.com/news/ebay-pays-1-2m-british-174322345.html
so it caused me to be worried would stories like this put sites like ebay in danger of shutting down?
i dont understand the story very well so this is why i feared that, so if anyone can reassure or explain it better to me ?
I don’t think eBay will close down, any more than I don’t think Amazon and all the rest of the tax dodgers will. I use eBay quite a bit though, and when I sell things I get heavily charged by eBay for listing and auction fees, as well as PayPal fees, and we also pay (I think) a Luxumboug tax. Sometimes I lose over 10% of the auction value of the item with their cheeky fees that I’m forced to pay. I’m not very happy about this latest news. Why do the govt allow companies to trade without paying tax? eBay and Amazon have caused untold amounts of shops to close on the high street, and many of those shops WERE paying their taxes as they should have been.
It is one of a series of tax stories recently
starbucks was also shown to have paid no UK tax, despite earning millions of pounds
it’s all about the tax office posturing
ebay is very unlikely to shut up shop in the UK
even if it did, there are plenty of other sites who would be more than willing to step up into their shoes………..and also pay a decent amount of tax to the UK revenue
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E-bay, like Starbucks, Vodaphone and friends of politicians are exempt from tax.
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I sincerely hope they are made to shut down. I used them until I found out what they were really like regarding a problem with some transactions. Never again, I have closed my account with them. For one thing their fees are a rip-off and also you can not sell unless you open a Paypal account.
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Starbucks & McDonalds owe millions, too.
Along with several american foreign diplomats owe millions in unpaid parking fines & other charges.
Can you see starbucks, McDs & diplomats being thrown out of the country?
It’s not going to happen.
So don’t worry about ebay it’s a minor glitch & by lunch time tomorrow will all be forgotten about.
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I don’t think eBay will close down, any more than I don’t think Amazon and all the rest of the tax dodgers will. I use eBay quite a bit though, and when I sell things I get heavily charged by eBay for listing and auction fees, as well as PayPal fees, and we also pay (I think) a Luxumboug tax. Sometimes I lose over 10% of the auction value of the item with their cheeky fees that I’m forced to pay. I’m not very happy about this latest news. Why do the govt allow companies to trade without paying tax? eBay and Amazon have caused untold amounts of shops to close on the high street, and many of those shops WERE paying their taxes as they should have been.
References :