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HMRC has started receiving data on Vinted, eBay, and Etsy users involved in more than 30 transactions per year. (Image: Getty ...
Vinted, eBay and Etsy sellers are being warned they could face fines or criminal investigation if they exceed a certain number of sales ...
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LancsLive on MSNHMRC warning if you sell more than 30 items on eBay or Vinted
As 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.
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 ...
Generally, selling your personal items on Vinted is generally not taxed. However under UK reporting rules, HMRC requires ...
People selling on Vinted, eBay or Etsy don't automatically have to pay tax on profits made, but some might if they reach the ...
THERE’S nothing more frustrating than spending ages posting stuff on Vinted, only for it to get zero views and no favourites. But according to one reselling whizz, there are certain times ...
An HMRC spokesperson said: "These new rules will support our work to help online sellers get their tax right first time. They will also help us detect any deliberate non-compliance, ensuring a ...
However, firms now have to pass on your data to HMRC if you sell 30 or more items a year or earn over £1,700. It is part of a wider tax crackdown to help ensure that those who boost their income ...
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Good Housekeeping UK on MSN10 things I learned after selling my decluttered wardrobe on Vinted
Our household advice editor switched from eBay to Vinted when selling her unwanted clothes – here’s what she learned.
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