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I call bullshit.
If they've not been paying their taxes AND it's a value worth chasing, they may get a 'call'.
Otherwise, NP.
Wouldn't worry too much if its second hand stuff you own but keep records if buying and selling for profit.
I call bullshit.
I don’t I bet HMRC had a go at eBay, eBay just run a ver simple report based on a rule that has been set by HMRC M, covers their back and now the upstanding citizens have to declare their income correctly or go to jail
If the family member is running a business then fair enough. But 39 items in 9 months? Surely they would need to be very high value items.
This was widely reported earlier in the year and definitely not BS. However, providing they/you haven't sold more than IIRC £2k in the financial year it won't require a SA tax return or any real action on your part.
No-one knows how it's going to work come Jan 31st given this will be the first year HMRC have had the data from eBay and try and collect revenues. However this is somewhat helpful (ignore the IMO confusing title):
No tax changes for online sellers - GOV.UK
I thought there was a value limit but obviously there's no tax liability on second hand goods unless you're running a business.
Surely HMRC can't tax having a clear out.
They're 6" Dr Who figures! My lad collects them so my better half buys other collections, takes out the ones that he wants and sells on the surplus. Was under the 30 limit until a load of old Barbie stuff that my daughter had suddenly all got bought.
She has records if they ask.
Not exactly a business.
Surely HMRC can’t tax having a clear out.
It's income, pure and simple.
income, some of which needs to be declared to HMRC, some doesnt, worth checking/knowing
So you pay income tax on your earnings, then pay VAT on the things you buy with that taxed income, then taxed again if you sell them on?
**** me.
Keeps HMRC too busy to chase tax dodging billionaires I guess.
Chase the little guy.
So you pay income tax on your earnings, then pay VAT on the things you buy with that taxed income, then taxed again if you sell them on?
No.. you would be taxed on the profit, if the total profit in a tax year is above £1000
I thought it was profit amount over 1.5k not quantity of items sold.
It’s income, pure and simple.
What if you're selling at a loss?
Also applies to Etsy and other online marketplaces. I've now closed my online business that I've been running since 2018 and just starting to make a profit - before it was just paying me back what it owed me. Fortunately, I now do enough business locally that I don't need an online presence, plus not having the hassle on cost of packing and posting orders.
It does be the question as to how much effort this requires and revenue it creates for HMRC in comparison to going after large scale tax-avoidance.
I stopped selling when I got to £1600 this year and will start again in Spring. This was well known about and eBay are now having to inform HMRC on sales just the same as banks have to send detail on interest.
Difference with eBay is that you could presumably show all the sales as losses (which they are for me, i.e. I buy a bike part for £100 and then sell it for £60) but keeping all the receipts and trying to prove that is more effort that I am willing to put into it.
Not exactly a business.
It sounds like one. Buying to sell.
It does be the question as to how much effort this requires and revenue it creates for HMRC in comparison to going after large scale tax-avoidance
Not much effort, assuming they automate matching EBay’s databases with their tax return database and automatically generate a threatening letter where they find a substantial gap. But my guess is they are more focused on getting tax from people who have been running previously under the radar EBay businesses rather than a few hundred quid off the average tax payer.
Chase the little guy.
<i>Why are you wasting your time on people doing a few mph over the speed limit when you should be catching rapists and drug dealers, constable? - </i>probably not a popular attitude on this forum.
Remember all the scalpers who are making 10's of thousands of £ tax free ? And people who hoover up anything worth buying (before anyone else gets there) at a boot fair to hawk online ?
I hope that this change picks all of them up and makes them pay the tax they owe. When ps5's and Nvidia 4xxx series graphics cards were impossible to get- there were some sellers on ebay making 100% profit and they were selling hundreds online (from the buyer ratings)
Why should they not pay their fair share of tax ?
I think some people are getting a bit excited.
There are two thesholds points.
The sales thresholds that trigger ebay sending data to hmrc.
Either volume if sales -30
Sales value - 1740squids
As a private seller neither of these mean you need to pay anything.
Unless you are trying to hide a business (selling for profit).
You sell items linked to capital gains limits etc.
Ebay has surprisingly clear advice.
So. if you sell one half decent mountain bike on ebay for more than £1.5k you going to have to do a tax return? Even if its to say, I bought it for 3k, used it for a couple of years and then sold it? So you are going to need to hold onto the receipt to prove to HMRC you;ve sold it at a loss?
Surely not?
I haven't for some time, but I used to trade up / sell loads of bike parts several years back - it would be very easy to get to a few grand of sales (not profit) in a calendar year
Massively misunderstood by several above. It's only if you're trading that you have to declare this income.
So you could sell off £100,000 of your old junk and have nothing to declare to HMRC.
Or you could sell £2k of stuff you're buying and selling to make a profit and you would need to declare that.
Massively misunderstood by several above. It’s only if you’re trading that you have to declare this income.
So you could sell off £100,000 of your old junk and have nothing to declare to HMRC.
Unless you've got a link from HMRC/GOV.UK stating the above, I'm not convinced it's other posters doing the misunderstanding in this thread...
So you could sell off £100,000 of your old junk and have nothing to declare to HMRC.
Not sure that is correct but even if you don't have to declare you are still going to get it questioned by HMRC as they don't know you just sold £100,000 of old junk - they just see the £100,00
this was all widely reported a year or so ago, this is a usefull article UK digital sales reporting | eBay
each platform are legally required to report name address and sales totals for each calendar year in which a seller has sold over 30 items and/ or £1,740. ebay had stated it was only for new customers, from jan-dec2024, then all customers then on.
Ebay also state for sellers who have taken considerable Revenue, they will request an National Insurance number, otherwise they may withold funds, they will use this in returns to hmrc [to make the Join of datasets easier].
vinted will also join in from jan 2025, thus first reports from jan2026 (covering sales of previous calendar year jan-dec)
my understanding the platform has to tell you they have sent the info and the sales volumes/value.
my recommendation;
either keep under the thresholds on each system, or keep records and await a letter for HMRC, although i really can't see them sending letters to those who have sold 50 item for a few Hundred quid..
they want the big sales, where they can hammer the seller with VAT on top of the income tax they owe
i've sold a couple of my bikes this year, so hit £1700 on 25 items, i've downloaded my sales report and added a few receipts. for the big ticket items.
i notice ebay reports dont state New/Used, which is surprising. i think HMRC will get them to add that flag soon.
It’s all here. Basically buying items then reselling them is trading and selling old items you’ve now made a profit on may attract tax too.
https://www.gov.uk/guidance/check-if-you-need-to-tell-hmrc-about-your-income-from-online-platforms
@Harry_the_Spider its not reported by the Tax/ financial year April-March .
this digital sales reporting is done by calendar year ie Jan-Dec where the limits apply. 30 items and £1740
in theory you could sell 29 items in April24-Dec24 (£1.7k) and 29 in Jan25-mar25 (£1.7k), ie 58 in the tax year and no requirement for ebay to report these sales.
it is for HMRC to review the datasets , load them into the system and decide who they will write to and then assess.
no requirement for a tax return as yet, although the way labour are going at it, we all soon may need to
i notice ebay reports dont state New/Used, which is surprising. i think HMRC will get them to add that flag soon.
Why? If the volume, amount and pattern of sales suggest you're selling like a business, marking everything as used on selling platforms isn't going to be valid way to try and trade under the radar. Say you're operating as a reclamation yard as a side job to your main job as a chippy or stone mason... everything would be sold as second hand, but that wouldn't be hugely relevant as far as HMRC are concerned.
@ampthill, again used goods should be fine, but if you are selling used wheels often, then it would be in your interests to keep records. emails / purchase history . so that you can prove the wheels are your own property and you are not buying second hand goods on FB marketplace for £100 and selling on ebay for £200..
a couple of sets of wheels every few years no problem, 10 sets of wheels in a tax year when hitting Digital Sales Reporting numbers (30 items/ £1740,) would be a big red flag.. will be viewed as trading
She has records if they ask.
Not exactly a business.
You say that but,
I had a mate come visit a few months back who I've not seen for years. He was telling me, his lad has a hobby where he picks up Hot Wheels cars from 'home bargain' type stores and flips them on ebay for some pocket money. I don't know how old the kid is exactly, early teens I'd guess. Apparently it's a bit like Pokemon, there are some sought-after models if you know what you're looking for, sets to be completed and suchlike. My mate goes "I'll just check what's in his account..." he'd made over seven grand!
Surely it profit. Buy pair of wheels for £500, sell with dents £200. You owe nothing?
Correct - the tax liability is about profit.
But EBay, Vinted, etc don’t know how much profit you make on each sale so their reporting thresholds to HMRC are about sales revenue. Whether you then pay tax depends how profitable the sales were.
The only thing that has changed is that eBay are now communicating with HMRC. If you are a business you always needed to declare the income and pay tax on profits even if its just a little side business.
I'm still confused when man maths and buying & selling stuff for personal use becomes taxable.
I often sell one bike to buy another, but prices of stuff 2nd hand fluctuate up and down.
During covid, you could have made a "profit" selling a bike, but if you bought a replacement bike 2nd hand, thats also going to be expensive, so you're back to square one again. But taxman might say thats profit?
My guess is that HMRC's lower limit for investigating stuff is going to be quite high.
My guess is that HMRC’s lower limit for investigating stuff is going to be quite high.
I suspect you're right. Just because a selling platform is required to send your data to HMRC doesn't mean you've yet triggered any flags tax wise. The thresholds are just there so that not everyone's data needs to be routinely handed over. Too high a threshold, and sellers could just use multiple platforms, staying under the limit on each, and rack up some sizeable sales and profits combined across them (and through other channels) without HRMC having any data given to them.
Buy pair of wheels for £500, sell with dents £200. You owe nothing?
Yes thats how I read it.
But. If you sold a significant amount of bike stuff on ebay you are going to have to prove to HMRC that you didn't make a profit with reciepts and the like. Hence me saying does that mean you need to do a tax return just to prove you owe nothing, seems the answer is going to be yes.
So, sell a few forks, wheels and a frame in a year - you are probably going to need to do a tax return to prove you didn't make a profit,
If thats right its going to force a lot of people who buy and sell for a hobby to do tax paperwork to prove they aren't traders / making profit. Glad I managed to kick the habit of always having to have the latest kit
what about historical gains? i.e you buy a wheel set above for 500 quid and it becomes ultra desirable in the 10 years you've had it. its now worth 2k. You've got no proof of purchase or anything.
During covid, you could have made a “profit” selling a bike, but if you bought a replacement bike 2nd hand, thats also going to be expensive, so you’re back to square one again. But taxman might say thats profit?
A single bike you got lucky buying and selling several years apart would probably be below the thresholds.
99% of people aren't going to be affected, they'll have sold stuff at a loss.
This is only going to catch people who say their hobby is "not exactly a business" when for years they've been telling their mates that they've subsidized their bike riding by buying several full bikes a year and splitting them to make a profit (or selling £7k worth of matchbox cars, blimey!).
Bear in mind ebay is chock full of "not exactly a business" sellers, selling stuff they've either made, bought to sell at a profit, or imported from China, and making a 2nd income out of it. That'll be who HMRC are interested in.
Like most tax news, expect a whole load of people who should have been or will soon be paying more tax to make a lot of noise about how you as someone who was never going to be paying this tax should be worried and campaigning against it.
None of this is new, there has been a £1000 turnover threshold on "hobby" sales before you need to self assess for years.
https://www.gosimpletax.com/blog/when-hobby-become-a-business-for-tax/
If it’s people selling 2nd hand goods it’s taxable as capital gains not income and more probably in reality a capital loss (no your old bike is not worth more than you paid for it) which will offset against other gains and generate a negative tax take for HMRC.
Generally of course such sales are exempt (for this very reason!) though this may not mean that they don’t need reported.
if you’re buying and selling as a trader of course that’s different.
I presume the "profit" isn't on a "per item" basis. So you might make, say £1000 profit on selling item X on eBay but if you made a lose of £1000 on item Y on Facebook, then you haven't made a profit - ergo, no additional tax.
So any data feed from a single platform like eBay by itself isn't gonna tell the whole story
I foresee a lot of people making fake sales with a paper loss which wipes out any profits...
It's gonna be a nightmare for HMRC as it's sooooo easy to circumvent
So 8 can sell loads of old bike stuff as a capital gains loss, can I offset that against any capital gains I might be due if I sell some shares?
So 8 can sell loads of old bike stuff as a capital gains loss, can I offset that against any capital gains I might be due if I sell some shares?
No, because things that lose value because you've used them are classed differently. Just like you can't offset the rising value of your 2nd home against the depreciation of your Range Rover.
Otherwise we'd all be offsetting the weekly food shop against our tax bill, as like some of my shares right now it all goes to shit over the course of a week.
I foresee a lot of people making fake sales with a paper loss which wipes out any profits…
It’s gonna be a nightmare for HMRC as it’s sooooo easy to circumvent
Well if you tried that on any meaningful scale it would be false accounting and cost you a bit more than 20% of the profits .......
I've pointed this out a couple of times on here over the last year and generally been ignored or poo poo'd
The bottom line is very simple. Many many more people will be dragged into self-assessment through this who really shouldn't be. Many many of these, I'd say the vast majority will probably owe no or vanishingly small amounts of tax but the onus will be on them to prove it. - even if they can they will still get fined if they don't complete the relevant forms correctly and by the right deadline.
Its basically another tax on their time and energy in a world where billionaires and shareholders in big corporations ride roughshod over us all laughing as they go whilst failing to pay even a tiny percentage of tax owed and trousering massive profits
It stinks.
I foresee a big increase in Facebook Marketplace and cash-in-hand use!
@vlad it’s a digital sales act, the names I saw mentioned where eBay Vinted Depop Airbnb just eat uber eat Etsy
no mention of PayPal, Amazon and or facebook
facebook will get away with it as it doesn’t have a payment function
I'm surprised PayPal haven’t been pulled into the same reporting requirements .
Although a quick google hmrc have had access to PayPal for the last 8 years and they can access bank accounts of uk taxpayers without authorisation. But that implies they are reviewing information when investigating the individual as opposed receiving info that mrZ has received £xxxx in the calendar year
It’s income, pure and simple.
If I sell something for less than I bought it for, then it is a loss, if I am taxed on profits from private sales of second hand goods, do I also get to claim losses against my taxable income? I am selling an ebike at the moment, I will lose around 3k on a 5k bike when new, I wouldn't mind claiming that 3k loss against my tax, I assume the rules work both ways yes? If I can't sell it, can I write the whole 5k off?
Also interested if I can offset losses. Thinking about bike to work there are fair market value guidelines that let you work out the rough value based on purchase price and age (I think).
the onus will be on them to prove it
When did "guilty until proven innocent" become a thing in English law?
As above the law around what makes buying and selling things taxable hasn’t changed.
All that’s happening is hmrc has data on habitual sellers. Some may be carrying on a business.
Ask yourself why you bought the item in the first place. If it was bought to sell you are a trader and should declare income. If you bought for personal use and just selling on then its not a trade.
The vast majority of second hand items sold on eBay are sold at a loss - if selling these items were a trade/business the seller would be able to claim tax relief and get money back …. HMRC obviously has no interest in arguing selling private goods is a taxable .
There's a lot of misinformation on here (and in the press to be fair).
https://www.gov.uk/guidance/selling-goods-or-services-on-a-digital-platform
Is what you actually need to read as a starter.
Also Google "badges of trade". HMRC's internal manual pages on this are freely available.
As some have mentioned on here - this is an effort to crack down on people effectively running an undeclared small business.
Anyone that actually believes there is a reality where HMRC are going to come to investiate you unless you are clearly a trader in terms of the amount of money and duration of activity lives in a fantasy - They don't have time to investigate obviously fraudulent business (such as covid loan fraud) let alone someone selling over the threshold on ebay.
Personally, I sell some second hand personal stuff, sell some old business stuff (the horror!)- goes well over the threshold, have done for years and will continue to do so without a single care in the world.
For many, buying and selling or a little 'side hustle' (hate that term but it is well know) is their way to take their standard of living from existence to allowing for some of lifes 'luxuries', like an occasional holiday and some new tyres for the car.
I know a teacher that tutors on the weekend, cash in hand, an electrician who will work on a sunday, cash in hand, a swimming instuctor that works, cash in hand, car detailer that works, cash in hand - need I go on?
Until the goverment of the day, HMRC etc crack down on 'tax efficiency' and downright evasion to the tune of hundreds of millions practiced by the super rich and corporations of this world, quite frankly I couldn't give one shit about the average member of society earning a few quid tax free to gain a marginal improvement to their standard of living.
It really isnt that onerous to keep a simple record for any items sold and the postage/fee costs involved in a spreadsheet somewhere. You can then see if you need to do a self assessment return and if the "badges of trade" criteria apply to any sales. It then doesnt take too long to do a return online.
It doesn't take long if you know what you are doing, I'm not thick and have been doing Self assessments for 10 years now and I still find it overly complicated and sometimes hard to know what to put in what box, all the while with the worry that if I do something wrong I'll get slapped with a fine or a giant tax bill.
There will be many people who have never done a SA before, won't even know what one is or when it needs to be done by that could be caught by this.
And, keeping all the reciepts for stuff you might sell on once you've used them is going to be a pita. If its just one bike maybe not, however if you like building your own bike like I do, out of a mixture of new and second hand bargains its going to be a pain
It might not be 'onerous' but why would I want to do so if it ultimately results in an additional tax bill for myself or others doing so when I / we just don't need to?
Lets hope letters go out to all of those teachers and music tutors earning a few quid tax free on a weekend too eh, tut tut.
It doesn't matter if 5000 new compliance staff are hired, nobody is coming to my house to question me about some ebay sales unless they are significant and obvious business trading, in the same way nobody is going to visit the huge number of trade's people to see if they are declaring cash payments.
Knowing quite a few self employed people (also myself) - between us we have had 2 visits from HMRC, both for VAT, both times due to large re-payments which obviously flags as an issue, not one single other person or business has ever heard so much of a peep from them.
They don't have time to go after real fraudsters, let alone knock on the door of someone selling hand knitted scarfs and hats on etsy or running a 'business' buying a few used bikes and selling the bits on.
Ill be honest, this thread seems to attract a small number of people that just don't think the same way as the rest of society 'bobble hats' if you will.
It's not that hard - if it looks like it's being done to make money, and theres a pattern of activity, then it's a business and you should be paying tax on the profits.
You can buy and sell bikes for personal use. It's going to be pretty rare that you sell one for more than you paid for it. But if you manage to do that regularly, then it's probably a business.
There are clearly some people on eBay who buy up either poorly listed/displayed bike parts, or who buy complete bikes and break them to sell as parts. Thats a business.
My Missus is fretting over this, her and her Mum like a charity shop or car boot browse for a weird mixture of clothes, antiques and tea sets, these things end up cluttering the house and gradually make their way onto eBay.
She's almost certainly above that 30 items/£1700 in sales threshold, what she has bugger all idea of is ow much actual "profit" they make (their expenditure is not monitored/accounted for), I suspect if you looked at their disorganised hobby as a business it probably doesn't break even (I get to live in amongst piles of their unsold "stock". but as the owed tax is just going to be judged off of the years sales total (plucked from eBay?) she'll just end up owing a couple of hundred quid. The problem is persuading her to do the online assessment.
I already have to do it because of child benefit and pay thresholds and just find it an annual annoyance, but that .gov website is going to drive her utterly mental I reckon. Trouble is once you're on their radar they want you to do a self assessment every year...
It does be the question as to how much effort this requires and revenue it creates for HMRC in comparison to going after large scale tax-avoidance.
Yeah, kinda, my missus is probably a typical example, a PAYE pleb that (probably) owes a wee bit of extra tax due to a hobby/side gig, It's low hanging fruit and doesn't need a lot of HMRC personnel, it's all assessed, calculated and paid online.
The UK's major Tax dodgers are corporations and Big "earners" who will pay accountants to help them be "efficient" the cumulative effect of chasing eBayers and Etsy users might be a few million quid, those top 5%ers are probably sat on substantially more ill gotten gains, but the effort to get at it will be exponentially more as well...
in a world where billionaires and shareholders in big corporations ride roughshod over us all laughing
Like eBay. People have been buying via ebay because it's cheaper than buying from someone with their own shop and/or website... partly because ebay have been helping people avoid taxes to sell cheaper. Now, what about all the small businesses paying rates and all their other taxes... while ebay laughs all the way to San Jose? Mandating online marketplaces to supply data to HRMC is closing this down. They are now changing how (real) private sellers are charged and operate, and moving people to sell as businesses where that is what they are... they wouldn't have changed any of this if they hadn't faced new regulations... they'd have kept turning a blind eye, and kept pocketing the fees for people to run their businesses as if they weren't to avoid tax.
It doesn’t matter if 5000 new compliance staff are hired, nobody is coming to my house to question me about some ebay sales unless they are significant and obvious business trading, in the same way nobody is going to visit the huge number of trade’s people to see if they are declaring cash payments.
Don't worry, HMRC staff have 72 hours to report any information about suspect activity they hear about, so they'll be with you shortly. (Wink emoji)
More seriously, of course risks are prioritised on a cost/benefit basis.
do I also get to claim losses against my taxable income? I am selling an ebike at the moment, I will lose around 3k on a 5k bike when new, I wouldn’t mind claiming that 3k loss against my tax
Hmmm. That does sound onerous. Just out of interest, why did you buy an ebike for £5k with the intention of selling it on for only two grand?
Jesus Christ - you are going to try and persuade your partner and mum to do a self assessment and actually pay a token fabricated amount to HMRC because they may have gone over the dreaded threshold, even though you have no idea if they made a profit or not? - That is beyond silly.
Ebay sellers absolutely cannot have their tax owed (if any) 'calculated online' all Ebay / HMRC know is the value of items sold, not their cost or the cost of sales associated with selling that item - are you sure you should be filling out your own self assessment without guidance?
People in this thread need to come back into reality, seriously.
If you're buying to sell, and take more than £1000, that's self assessment territory. Has been since... er... ever? Same for tuition or any cash in hand work. Plenty of people do a bit of work on the side without taking that much, so none of this applies to them. Be that teaching maths at the weekend on the run up to GCSEs, buying Barbie dolls from charity shops to clean sell on, or whatever... none of it needs to be declared up to £1000... beyond that, yes, time to inform HMRC.
There will be many people who have never done a SA before, won’t even know what one is or when it needs to be done by that could be caught by this.
Completely agree and HMRC have appaling form for fining people for missing the deadline when they dont even earn enough to pay any tax:
In the last few years, HMRC charged 420,000 people with £100 late filing penalties when they earned too little to pay tax. People earning under £6k received twice as many penalties as people earning more than £83k.
Source: https://taxpolicy.org.uk/2024/10/29/how-to-reform-hmrc-penalties-for-people-on-low-incomes/
If you're selling some personal 2nd hand stuff there is no tax due at all. You don't have to keep receipts for things you buy, just in case you later off-load them half price (if you're lucky).
If you're buying stuff to sell at a profit, and doing enough of it for it to be considered a side-hustle/business, then you need to keep better records.
If you have valuable possessions and sell them at a loss, you may be able to offset this against other capital gains, but it only applies to things well into 4 figures in value (and specifically excludes cars). Some bicycles could conceivably fall into this category...but note that the calculation is based on a minimum sale price of 6000 UKP so you can never claim any loss on anything that didn't cost more than this.
Edit: sorry in order to claim a loss it also has to not be a "wasting asset" ie an expected lifetime of 50y or less. So possibly including an antique bicycle that has historical value as a collectors' item, but not your latest 12k unobtanium gnarpoon.
Kelvin - It might be self assessment territory, but hardly anyone declares the income , even if they are over. A funny memory is one of my teachers around 20 years ago telling the class he did some tutoring work at weekends and didn't inform HMRC...
Andy - These are people that are registered as self employed and forgetting to file / choosing not to, the fine is for failing to file on time, the amount owed is irrelevant - not random people selling on Ebay - you absolutely will not be getting fined for selling over the threshold online and not submitting a return, unless you have info to suggest this being the case?
Again keep in mind they cannot know you are making a profit or are trading or any such activity unless you file a return in the first place to inform them as such and selling an item online doesn't automatically enroll someone into needing to do so, regardless of the sales value.
Meanwhile ebay UK themselves in 2021 (last numbers on Co House) made £1,400 million in revenue but only declared £37 million profit and paid £7 million in tax.....
I know the bosses of Ebay aren't on Singletrack worrying about declaring a self assessment for the stuff their mum flogs from the charity shop that's for sure.
you absolutely will not be getting fined for selling over the threshold online and not submitting a return, unless you have info to suggest this being the case?
I dont have any info, HMRC require a tax return if turnover from selling is >£1k. Ebay will start to report to HMRC any user with Sales > £1.76k I am assuming at some point HMRC will compare and ask people who historically had ebay sales > £1k why they havent been doing a tax return?
Interesting, I wonder how HMRC would have dealt with me selling off about £12k of my deceased friends worldly goods through ebay in 2023. Or how they'll deal with me selling off my stuff as I prepare to move house. Having said that the onerous new conditions on purchasing, effectively hiding their fees from users by charging buyers a few has put me right off - just trying to clear stuff before 4th Feb...
Andy - |You only need to file a return if you sell over £1000 and the things you sell have been purchased in order to make a profit or if you fall foul of capital gains tax due to value.
They are absolutely not going to question people as to why they have not filed a return because they have sold more than £1000 on ebay in a year several times before you are living in a fantasy land, seriously.
Ignore me - Crankrider has answered above!