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I've just signed up and it's asking for tax information but I live in the UK and not the US. Does this still apply?
Yes you need to send in tax information as described on the web site. As the UK has a tax agreement with the USA, you will not be taxed by the US tax agency but to be able to do that, you need to fill in some forms.
See here for more information:
You need to fill a W-8BEN form.