Submitted on Tuesday 28th July 2015
Published on Wednesday 29th July 2015
Current status: Closed
Closed: Friday 29th January 2016
Signatures: 978
Stop the £billion VAT Fraud on eBay & Amazon by Chinese, NON EU & UK businesses
£billions is being laundered out of the UK by NON EU companies on eBay & Amazon. UK fulfilment centres are dispatching their stock.
eBay, Paypal & Amazon must be forced to verify & display ALL business sellers details; company name, address & VAT status
NON EU sellers must display VAT numbers
NON EU companies supplying goods located in the UK are required to register for UK VAT. There is no VAT threshold. www.hmrc.gov.uk/manuals/vatregmanual/VATREG37050.htm
However, thousands are trading on eBay & Amazon, using UK fulfilment centres such as Amazon, without being VAT registered or having their company & VAT information verified. www.vatfraud.org
The government will generate £billions in revenue & legitimate VAT registered companies will stop going bankrupt when this fraud is stopped
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