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Oxford Mail on MSNVinted users warned ignoring HMRC rules could land fines or criminal charges
Vinted, eBay and Etsy sellers are being warned they could face fines or criminal investigation if they exceed a certain ...
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LancsLive on MSNHMRC warning if you sell more than 30 items on eBay or Vinted
A s more UK residents look to the likes of Etsy and Vinted to make some extra cash, tax professionals are raising the alarm.
Individuals who sell secondhand items online are at risk of being investigated and fined by HMRC, a tax expert has warned.
HMRC now has access to online selling data, and those failing to comply could face investigations - or even penalties that ...
Nevertheless, should you earn more than £1,000 from your side business annually, or exceed 30 sales within a 12-month period, ...
People selling on Vinted, eBay or Etsy don't automatically have to pay tax on profits made, but some might if they reach the ...
It does not necessarily reflect the view of The Herald. Vinted, eBay and Etsy sellers are at risk of going under investigation as HMRC invests £40m in additional resources to find tax avoiders, say ...
As more UK residents look to the likes of Etsy and Vinted to make some extra cash tax professionals are raising the alarm ...
HMRC has announced that it will start doing more to go after people who make large sums of money by selling goods on secondhand marketplaces such as Vinted, Preloved, and Facebook Marketplace.
However, HMRC is now reminding Vinted and other second-hand market sellers that the rules only apply if you sell 30 or more items or earned roughly £1,700 in 2024.
HMRC is sending out "nudge" letters to those who might owe tax from selling products or services online. New rules which came into force in January 2025 means that online selling sites such as ...
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