Cable Forum - Ebay and Tax

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Halcyon

01-04-2025 12:00

Ebay and Tax

Hi everyone,

Ebay, and many other selling platforms recently have had to declare all individuals who make over £1000 per year or sell over 30 items.

Does anyone know what they mean by year?

Do they mean January 2025 to January 2026 or is it every financial year so April to April?

I want to list some old items on Ebay but dont want to go over the tax amount and get taxed.

Thankyou.

papa smurf

01-04-2025 12:08

Re: Ebay and Tax

if you bought an item say for £1000 5 years ago and sell it for £200 today how exactly is that a profit.

Hugh	01-04-2025 13:08

Re: Ebay and Tax

It’s on sales/turnover (before expenses), not profits

https://www.gov.uk/government/news/n...online-sellers

Quote:

The sharing of sales data does not automatically mean the individual needs to complete a tax return. However, those who may need to register for Self Assessment and pay tax, include those who:

- buy goods for resale or make goods with the intention of selling them for a profit
- offer a service through a digital platform – such as being a delivery driver or letting out a holiday home through a website
- AND generate a total income from trading or providing services online of more than £1,000 before deducting expenses in any tax year

Jaymoss

01-04-2025 18:14

Re: Ebay and Tax

Safer to sell elsewhere now anyway. Ebay Buyer rights massively put sellers at a disadvantage

Stephen

04-04-2025 15:18

Re: Ebay and Tax

Quote:

Originally Posted by Jaymoss (Post 36193688)

Safer to sell elsewhere now anyway. Ebay Buyer rights massively put sellers at a disadvantage

Not all as it appears. I got an issue raised from a buyer recently who claimed item wasn't sold as described but their photo evidence of damage to the phone didn't match my photos of the item shown to be perfect and no faults or damage. They waited 7 days to raise the issue, ebay ruled in my favour. However ebay refunded the buyer themselves and it didn't impact on me. They took in to account my feedback from selling and the length of time I'd been registered.

Mr K	04-04-2025 20:45

Re: Ebay and Tax

If you're selling over £1000 of goods, you've got a business. Too right you should pay tax.

Halcyon

07-04-2025 08:40

Re: Ebay and Tax

Quote:

Originally Posted by Mr K (Post 36193947)

If you're selling over £1000 of goods, you've got a business. Too right you should pay tax.

I'm a private seller. So you instantly think that because you sell some high value items it makes you a business seller?

I recently moved house and have been selling off lots of things I no longer need. Not for proffit!
This comes up close to £1000.

Paul	07-04-2025 18:38

Re: Ebay and Tax

Quote:

Originally Posted by Halcyon (Post 36194099)

I'm a private seller. So you instantly think that because you sell some high value items it makes you a business seller?

No, he just likes to troll, you should know that. ;)

Jaymoss

07-04-2025 18:45

Re: Ebay and Tax

Quote:

Originally Posted by Stephen (Post 36193922)

Your single example where they did a fair job (yet still rewarded the buyer) does not change anything

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