|
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
|
__________________
Thank you for calling the Abyss.
If you have called to scream, please press 1 to be transferred to the Void, or press 2 to begin your stare.
If my post is in bold and this colour, it's a Moderator Request.
Last edited by Hugh; 01-04-2025 at 13:16.
|