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January 2024
- From January 2024, new UK digital sales reporting rules require digital platforms like eBay to share information with them. However, this reporting doesn’t change your tax obligations. On eBay, this should only affect newly registered accounts in 2024, which will extend to all accounts in 2025.
www.ebay.co.uk/sellercentre/selling/selling-online-and-hmrc
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What is eBay's tax policy?
You should only report a buyer if you think they're violating our policies. Here are a few examples of when to report a buyer: The buyer is demanding something that wasn’t offered in the original listing; You believe the buyer is making a false claim; You believe the buyer is misusing the eBay Money Back Guarantee or the returns system
From January 2024, new UK digital sales reporting rules require digital platforms like eBay to share information with them. However, this reporting doesn’t change your tax obligations. On eBay, this should only affect newly registered accounts in 2024, which will extend to all accounts in 2025.
From January 1, 2024, sites such as eBay, Etsy and Vinted have to collect extra information about people who sells products or services online or via an app, and this information will be...
You should only report a seller if you think they're violating our policies. If there's a problem with an item you bought, try to work it out with the seller first – you can always ask us to step in if you need to.
- When You May Need to Pay Tax For Selling Goods Or Services Online
- Information Collected by Online Marketplaces
- How to Register to Pay Your Tax Through Self Assessment
In order to pay tax on the goods or services you sell online, you either have to be trading or making a capital gain. If you are just selling some unwanted items that have been laying around your home, such as the contents of a loft or garage, it is unlikely that you will have to pay tax. If you buy goods for resale, or make goods with the intentio...
For tax, an ‘online marketplace’ is any digital platform (for example a website or mobile phone app) that handles and enables the sale of goods and services from individuals and/or businesses to customers. From 1 January 2024, digital platforms are required to collect and report seller information and income to HMRC. These digital platforms must re...
If you’ve never declared income through a Self Assessment tax return, you find out how to register and how to file a return. You can check what you owe and pay your Self Assessment bill via the HMRC App. Download it from the App Store for iOS or the Google Play Storefor Android.
Starting January 2025, eBay will begin annually reporting to HMRC. Each January we will report for the previous year and provide a copy of the reported data for your review. Should you meet either of the thresholds described above, the following information will be shared with HMRC:
Jun 28, 2024 · It is now required by law for eBay to report sellers’ information to HM Revenue and Customs – sparking fears that millions will have to cough up extra to the taxman.
