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1. forums.moneysavingexpert.com › discussion › 6300619Sales limit of £1000 for HMRC on eBay - MoneySavingExpert Forum

   forums.moneysavingexpert.com › discussion › 6300619

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   Sep 28, 2021 · You are not trading for profit. eBay will automatically send a record of your sales activity to HMRC in January 2025 if you sell 30+ items or either approximately £1700 in sales revenue for the year 2024. You won't have any tax to pay.

2. www.ebay.co.uk › sellercentre › sellingSelling online & HMRC | UK Seller Centre - eBay

   www.ebay.co.uk › sellercentre › selling

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   If your total sales on eBay exceed €2000, or roughly £1700, after fees. If you complete 30 or more sales transactions on eBay. In general, selling personal items is not taxed if they’re below £6,000 and you’re not selling as part of a business. See more guidance from HMRC.

3. www.gov.uk › government › publicationsSelling online and paying taxes - information sheet - GOV.UK

   www.gov.uk › government › publications

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   • 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...

   See full list on gov.uk

   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...

   See full list on gov.uk

   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.

   See full list on gov.uk

4. www.msn.com › en-gb › moneyMartin Lewis explains HMRC change for anyone who uses eBay ...

   www.msn.com › en-gb › money

   The HMRC guidance on the updated tax rules states that if you are selling some unwanted items that have been laying around your home, such as the contents of a loft or garage, it is "unlikely"...

5. thlaccountancy.co.uk › 2024/01/05 › understandingUnderstanding HMRC’s New Rules for eBay and Vinted Sellers

   thlaccountancy.co.uk › 2024/01/05 › understanding

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   Jan 5, 2024 · If you consistently sell items on eBay or Vinted and your activities are considered trading, you may need to register as a business with HMRC. This registration is essential if your sales exceed a certain threshold, currently set at £1,000 per year.

6. www.jamesscott.com › blog › do-i-have-to-declareDo I have to declare eBay sales to HMRC? 2024 update

   www.jamesscott.com › blog › do-i-have-to-declare

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   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.

7. People also ask

   Do you pay tax on eBay sales if you pass a £1000 threshold?

   • i May have read this wrong, but I believe that HMRC now want tax paid on ALL eBay sales once you pass a £1000 threshold, that’s turnover NOT profit. Apparently this was introduced because during covid there was an increase in people selling from home (sourcing items to sell) and a proper little cottage industry was created.

   Sales limit of £1000 for HMRC on eBay - MoneySavingExpert Forum

   forums.moneysavingexpert.com/discussion/6300619/sales-limit-of-1000-for-hmrc-on-ebay

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   Do I have to pay tax if I Sell on eBay?

   • eBay will automatically send a record of your sales activity to HMRC in January 2025 if you sell 30+ items or either approximately £1700 in sales revenue for the year 2024. You won't have any tax to pay. Unless you are generating substantial amounts of revenue then HMRC would not even be interested in looking into the report.

   Sales limit of £1000 for HMRC on eBay - MoneySavingExpert Forum

   forums.moneysavingexpert.com/discussion/6300619/sales-limit-of-1000-for-hmrc-on-ebay

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   Are eBay sales tax deductible?

   • 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.

   Do I have to declare eBay sales to HMRC? 2024 update

   www.jamesscott.com/blog/do-i-have-to-declare-ebay-sales-to-hmrc-2024-update/

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   What are HMRC's new rules on eBay & Vinted sellers?

   • HMRC’s new rules regarding eBay and Vinted sellers aim to bring transparency and fairness to the taxation of online commerce. While these changes may initially seem daunting, they ultimately help create a level playing field for all businesses, whether they operate online or offline.

   Understanding HMRC’s New Rules for eBay and Vinted Sellers

   thlaccountancy.co.uk/2024/01/05/understanding-hmrcs-new-rules-for-ebay-and-vinted-sellers/

   See all results for this question

8. www.moneysavingexpert.com › news › 2024eBay, Etsy, Vinted and more to share your data with HMRC

   www.moneysavingexpert.com › news › 2024

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   Jan 3, 2024 · Sell on eBay, Etsy or Vinted or rent your home on Airbnb? Firms will now report your earnings to HMRC – so check if you need to pay tax