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Ebay and Tax
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Old 01-04-2025, 12:00   #1
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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.
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Old 01-04-2025, 12:08   #2
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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.
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Old 01-04-2025, 13:08   #3
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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
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Old 01-04-2025, 18:14   #4
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Re: Ebay and Tax

Safer to sell elsewhere now anyway. Ebay Buyer rights massively put sellers at a disadvantage
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Old 04-04-2025, 15:18   #5
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Re: Ebay and Tax

Quote:
Originally Posted by Jaymoss View Post
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.
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Old 04-04-2025, 20:45   #6
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Re: Ebay and Tax

If you're selling over £1000 of goods, you've got a business. Too right you should pay tax.
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Old 07-04-2025, 08:40   #7
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Re: Ebay and Tax

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Originally Posted by Mr K View Post
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.
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Old 07-04-2025, 18:38   #8
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Re: Ebay and Tax

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Originally Posted by Halcyon View Post
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.
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Old 07-04-2025, 18:45   #9
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Re: Ebay and Tax

Quote:
Originally Posted by Stephen View Post
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.
Your single example where they did a fair job (yet still rewarded the buyer) does not change anything
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