Prior to HMRC’s investigation into eBay and Amazon traders they were investigating plumbers.

One such plumber who evaded £88,000 of tax has recently been sentenced to four months in jail, suespended for 12 months as detailed in this post on AccountingWeb.

I mention it just to stress the seriousness of this sort of fraud. With eBay traders it’s easy to start off trading as a tax free hobby and slowly have it morph into a professional trade over time.

If you are concerned that you might have unpaid tax please get in touch and we will help you understand the risk and how much, if any, tax is due.