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Paypal to share data with HMRC


Paypal to share data with HMRC  

12 members have voted

  1. 1. Paypal to share data with HMRC

    • 6 Months away, Less than
    • 12 Months away


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How long before Paypal will start sharing data with HMRC, it is no longer a case of they will not but more a case of before how long.

The Government has just completely run out of money, so they no longer have any choice. 

 

tax21.png

 

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How long before Paypal will start sharing data with HMRC, it is no longer a case of they will not but more a case of before how long.

The Government has just completely run out of money, so they no longer have any choice. 

 

tax21.png

 

I say never, unless they create a new law. Paypal would fight this in court all day long. not as it they couldn't afford a court case.

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I say never, unless they create a new law. Paypal would fight this in court all day long. not as it they couldn't afford a court case.

Why would they fight it, its not them the government is after, look at how easy Airbnb gave up.

 

surrender.jpg

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Why would they fight it, its not them the government is after, look at how easy Airbnb gave up.

 

surrender.jpg

Thousands of fee paying sellers might be forced off ebay, due to large tax bills. They just want their fees, its the sellers responsibility to pay their taxes, not Paypal's.  

Why not have HMRC make any cash withdrawals over £100  a day illegal, and the banks legal duty to flag to HMRC any total cash withdrawals of over £1000 pcm and BAC's payment over £1000 pcm too, so it can be investigated. That way they can catch all those black market cash deals between the public and the builders / tradesmen avoiding VAT. 

This is why they want FIAT style crypto, they can inflate it at will still , but is a wet dream for tracing transactions. no more cash.

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paypal are paid up scammers.

if you buy any goods from china and you have a problem and you open a case they will force you to send them back to china and as we know already china post is subsidised by the Chinese government so they can under cut every other seller worldwide.  

returning goods back to china is unviable because of the cost and even if you do the seller will not pay the customs fees so they leave them at the post office as undelivered so PayPal will not refund you either as non delivered so you lose your goods and your money, all overseen by the PayPal system. 

The Chinese have got clever now with international post too and use GLS as a delivery partner with does actually track deliveries to uk addresses all the way from china, where as before they used to just turn up at a RM sorting office and never track all the way. if i had a problems with goods in the past i just used to open a case for non receipt as they could not prove it has been delivered, morally not great but that's how these Chinese work. 

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paypal are paid up scammers.

if you buy any goods from china and you have a problem and you open a case they will force you to send them back to china and as we know already china post is subsidised by the Chinese government so they can under cut every other seller worldwide.  

returning goods back to china is unviable because of the cost and even if you do the seller will not pay the customs fees so they leave them at the post office as undelivered so PayPal will not refund you either as non delivered so you lose your goods and your money, all overseen by the PayPal system. 

The Chinese have got clever now with international post too and use GLS as a delivery partner with does actually track deliveries to uk addresses all the way from china, where as before they used to just turn up at a RM sorting office and never track all the way. if i had a problems with goods in the past i just used to open a case for non receipt as they could not prove it has been delivered, morally not great but that's how these Chinese work. 

You know have to game the system.

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Thousands of fee paying sellers might be forced off ebay, due to large tax bills. They just want their fees, its the sellers responsibility to pay their taxes, not Paypal's.  

Why not have HMRC make any cash withdrawals over £100  a day illegal, and the banks legal duty to flag to HMRC any total cash withdrawals of over £1000 pcm and BAC's payment over £1000 pcm too, so it can be investigated. That way they can catch all those black market cash deals between the public and the builders / tradesmen avoiding VAT. 

This is why they want FIAT style crypto, they can inflate it at will still , but is a wet dream for tracing transactions. no more cash.

They also want to set us up for proper negative interest rates.  Im fkd with current zero interest rates but negative would mean I and wife are would be on a negative salary as we have to live off after tax savings and nothing else. In fact we already are on a negative salary because savings rates are far less than inflation.

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  • 429 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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