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Jan 3, 2024 · Updated 3 January 2024. If you regularly sell goods or services through an online marketplace, this activity could be treated as a ‘trade’ for UK tax purposes and you may have to pay tax...
For more information on when you may need to pay tax for selling goods online, see guidance and examples from HMRC. You can also use HMRC’s ‘checker’ anonymously to check whether you may need to report any income.
May 9, 2024 · If you sell online or engage in eBay sales, you can enter the realm of taxable income. However, as a private seller, not all sales need to be declared to HMRC, which leads to some confusion. Essentially, the tax responsibility depends on whether your selling activity is seen as a hobby or a business.
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May 12, 2024 · Understand your eBay tax liabilities with the help of a professional. Book a 1-1, 30 minute tax advice consultation with an accredited accountant to get a better grip on what tax you’re liable for when selling on eBay. Easy,100% online, and for a one-off, low fee. Book now.
Apr 3, 2024 · Whatever brings you to eBay as a seller, you need to know whether or not you are obliged to pay tax on eBay sales under UK law. Similarly, it’s important to understand how VAT works on eBay, what expenses you can claim back, and whether there are any other fees you should account for.
Use our eBay tax calculator to work out how much you owe HMRC and whether you need to file a tax return if you buy and sell used goods!
