Digital Platform Reporting & Tax Notice

Effective date: 30 July 2026

1. Purpose

What: ROVEXO may be required to collect, verify, and report seller information under UK digital platform reporting rules and related tax legislation.

Why: These are legal obligations placed on platforms like ROVEXO, not a ROVEXO product choice.

2. Seller tax profile

What: Sellers may complete a tax profile including tax residency, registration status used for tax purposes (Personal, Pro Seller, Sole Trader, or Company), UTR or TIN where applicable, and an optional VAT number.

How: Manage this from Seller Tax Registration.

Notes: This is tax information on your Personal Account — it is not a separate commercial account product.

3. Due diligence

What: ROVEXO may perform identity and payout due diligence through Stripe and internal review.

Important: Incomplete profiles may limit withdrawals or listing publication.

4. Statements and exports

What: Monthly and annual Wallet statements provide sales, fees, refunds, and withdrawal totals.

How: Sellers may use Wallet statements and available compliance exports for HMRC record keeping where provided.

5. Reporting to authorities

What: Where legally required, ROVEXO may report seller identity and transaction data to HMRC or other competent authorities.

6. Your responsibilities

Important: You remain responsible for declaring income and VAT to HMRC. ROVEXO reports do not replace professional tax advice.

7. Common questions

Do I need to register a business to sell? No — you complete a tax profile on your existing Personal Account; no separate account is created.
Where do I find my sales totals for my tax return? In your Wallet statements, available monthly and annually.
Will ROVEXO tell HMRC about my sales? Where legally required, yes — you remain responsible for your own tax declarations.

8. Related Documents

Updated 30 July 2026