DAC Digital Platform Reporting

Redbox
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We understand that many marketplaces have found DAC7 Digital Platform Reporting challenging, so we’ve taken action to make it easier for you.To support you, we have developed the DAC7 Reporting Assistant, an automated tool designed to streamline compliance with minimal effort. This feature is available free of charge to all users, helping you meet regulatory requirements efficiently and accurately.

Your Feedback Matters
As DAC7 is a new regulatory requirement, and we’ve worked hard to build a solution that simplifies compliance. However, as this is a Beta feature, we need your feedback to ensure it works seamlessly across all use cases. Your input will help us refine and enhance the tool, making it even more effective for everyone.

What is DAC7 and Why Do You Need to Report?
From 1 January 2023, digital platforms and marketplaces facilitating transactions involving goods, services, property rentals, and transportation must report seller information to tax authorities.Why is this important?

  • Avoid Penalties – Non-compliance can lead to fines and legal consequences.
  • Regulatory Requirement – Tax authorities now require platforms to report seller income.
  • Transparency & Trust – Ensuring compliance helps build trust with regulators and your sellers.

How Our New Feature Helps You

  • Data Quality Check – Identify any missing or incorrect seller information before submission.
  • Automated Reporting – The system compiles and formats the required financial data automatically.
  • Minimal Effort – We eliminate complexity, making compliance quick and straightforward.
  • Free to Use – This feature is included at no additional cost.

Next Steps – Help Us Improve!

  1. Check Your Data – Ensure your platform and seller details are up to date.
  2. Enable the Feature – Activate automated reporting in your account settings if applicable.
  3. Share Your Feedback – As this is a Beta release, let us know how it works for you so we can refine and enhance it further.

For further details or assistance, please contact our support team or visit our Guide on DAC7. Your feedback is invaluable in making this tool as effective as possible—thank you.

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Seems cool so far thank you.

Going through mine though I am noticing because I have some old or mistakenly made outlets, which I cant delete/archive, they’re on there, and will never be able to be completed really.

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You can filter by active/deactivated outlets, and we’re planning to introduce an “Exclude from DPR” setting in the marketplace for the next submission year.

In the meantime, if there’s an outlet in the report that you don’t want, you can simply remove it from the XML manually by editing the downloaded file. Hope that helps!