Speeches

Lord Lucas – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Lord Lucas on 2015-12-22.

To ask Her Majesty’s Government what assessment they have made of the liability of online marketplaces for unpaid VAT where a business trading in that marketplace evades VAT.

Lord O’Neill of Gatley

Online marketplaces have no liability for unpaid VAT where the operator merely provides a marketplace for businesses to sell goods. However, HM Revenue and Customs is continuing to work with major online marketplaces to tackle this issue.