TruAuc’s Tax Policy
As a TruAuc seller, it is your obligation to adhere to all relevant tax legislation and ensure compliance with applicable tax regulations pertaining to your sales activities.
Sellers are obligated to remit taxes related to their use of our platform, in compliance with relevant legal requirements.
Acceptable Return Standards
- Unused, unmodified items without damage or wear beyond the listed condition
- Complete with all parts and accessories
- Packaged in original materials, including boxes, UPCs, bags, or protective wrapping
- Accompanied by all originally provided materials like cords, cables, manuals, warranty cards, and bonus items
- Maintaining original tags, labels, and accompanying materials.
Income tax:
Sellers might be obligated to report and remit taxes on profits generated from sales on TruAuc. If you operate as a business seller on our platform, we highly advise consulting with a tax professional regarding your tax liabilities and compliance requirements.
This policy helps ensure that government regulations are followed.
In accordance with The Platform Operators (Due Diligence and Reporting Requirements) Regulations 2023, online platforms like TruAuc operating in the UK must adhere to digital sales reporting laws. Your obligation to provide tax identification details may depend on your annual sales figures or the volume of your sales transactions.