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So basically, if you’ve been casually flipping your old Urban Outfitters dresses or even running a semi-secret side business, you need to be careful. The trading allowance means you can earn up to ...
5u
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
As more UK residents look to the likes of Etsy and Vinted to make some extra cash, tax professionals are raising the alarm.
People selling on Vinted, eBay or Etsy don't automatically have to pay tax on profits made, but some might if they reach the ...
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 ...
Nevertheless, should you earn more than £1,000 from your side business annually, or exceed 30 sales within a 12-month period, ...
HMRC now has access to online selling data, and those failing to comply could face investigations - or even penalties that ...
As more UK residents look to the likes of Etsy and Vinted to make some extra cash tax professionals are raising the alarm ...
Generally, selling your personal items on Vinted is generally not taxed. However under UK reporting rules, HMRC requires ...
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.
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