Ebay payment temrs of Use April 26
Hi
Does this mean that we are going back to the not paid till confirmed delivered scenario?
Delayed Payouts for Private Sellers: Funds from sales by private or non-professional sellers will generally be held until the item is confirmed as delivered to the buyer, aimed at reducing disputes and enhancing safety.
So does this mean we could be waiting nearly a week for the money?
Funds Availability: For many sellers, funds will become available for payout within 72 hours after eBay confirms delivery.
Does this relate to private sellers or is that still at the £1700 threshold
Tax Reporting: Due to OECD Model Reporting Rules (often referred to as HMRC rules), if you sell over £1,000 a year, your income will be reported to tax authorities.
What does this effectively mean for private sellers.
Any views
tobiasd4
Mentor6 months agoThis has just appeared on announcements.
https://community.ebay.co.uk/t5/Announcements/We-re-updating-our-Payments-Terms-of-Use/ba-p/7993379
18catsrfurryfriends
OP6 months agoso what exactly does that mean in English not ebay language
jckl1957
·6 months ago'Delayed Payouts for Private Sellers: Funds from sales by private or non-professional sellers will generally be held until the item is confirmed as delivered to the buyer, aimed at reducing disputes and enhancing safety.'
The term 'non-professional sellers' is used by AI but not generally used by Ebay.
On 4th February LAST YEAR Ebay introduced delayed payouts but there have been changes since then and most regular sellers can access their funds very promptly.
Were you looking at an announcement from 2025?
18catsrfurryfriends
OP6 months agoThis is an email that i received this morning, I googled it and this is the full reading
jckl1957
·6 months agoThat is copied and pasted from an 'AI Overview'.
If you read the new agreement by using the link in the email from Ebay, those details are not there. (Or, if they are. i can't find them.)
Payments Terms of Use
*vyolla*
Mentor6 months agoA lot of that is a mix of old information and incorrect information, who is the email from?
18catsrfurryfriends
OP6 months agoebay@info@ebay.co.uk unless it is a scam, has my id on it
*vyolla*
Mentor6 months agoThat's so weird, it's full of incorrect info.
We'll need to see if anyone else gets one.
That email is incorrect though, if should be ebay@info.ebay.co.uk
jckl1957
·6 months agoThe information is not from the email or the link it contains.
@18catsrfurryfriends says they have 'googled' for the changes and what they have copied and pasted into their email is an AI overview from google - not from Ebay.
*vyolla*
Mentor6 months agoAh, that makes more sense! Thanks.
18catsrfurryfriends
OP6 months agohi
sorry you are correct i put an extra @ in the email address.
Well i think i will just wait till april!
*vyolla*
Mentor6 months agoEbay payment temrs of Use April 26
Can you link me to the announcement you're seeing for the new terms and conditions for April 26 please?
*vyolla*
Mentor6 months agoIt means that if you're a private seller listing off your own personal possessions, usually bits from your wardrobe, loft or garage, and your sales in a calendar year hit more than 30 or £1700 in value (whatever criteria is met first) then eBay send a report to HMRC. It's nothing to worry about if it's clear that you are just listing items that you own but no longer want.
The £1,000 turnover figure is the Trading Allowance for small business sellers - it's the yardstick by which anyone who is trading as a business seller must complete a self assessment tax return. They need to declare income to HMRC once they reach £1,000 worth of sales.