patelpam
15th July 2010, 16:19
Hi I am looking to open an ebay shop. My brother currently owns a shop
with a high feedback and is a top rated seller, so I was looking to add my own subsection to this shop which I will trade from. The items will have
different paypal accounts linking to separate bank accounts, I will
simply pay him rent monthly for use of his shop. Does anybody see
anything wrong with this, could our turnover be collated by HMRC,
causing us to be splitting to avoid VAT as and when we grow our sales.
I am not very experienced in this department so any help would be much
appreciated.
with a high feedback and is a top rated seller, so I was looking to add my own subsection to this shop which I will trade from. The items will have
different paypal accounts linking to separate bank accounts, I will
simply pay him rent monthly for use of his shop. Does anybody see
anything wrong with this, could our turnover be collated by HMRC,
causing us to be splitting to avoid VAT as and when we grow our sales.
I am not very experienced in this department so any help would be much
appreciated.