Repeal "The Platform Operators Regulations 2023"

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Petition Action

Repeal "The Platform Operators Regulations 2023"

Petition Details

The Platform Operators (Due Diligence and Reporting Requirements) Regulations 2023 must be repealed. I think the law unfairly and unnecessarily requires website "platforms" to retain and share "seller" and "casual seller" information with HMRC.

Additional Information

Online "platforms" are now required to verify the ID of "sellers" who sell any type of goods/services. The platform must report the personal details of "sellers" and their sales records to HMRC. Platforms can be fined £5,000 + £600 per day for failing to provide information to HMRC. Platforms will now have to verify the ID of ALL sellers to avoid the heavy fines, possibly making a loss on customers who only sell a few items or passing on this cost to sellers.

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