https://community.ebay.co.uk/t5/Seller-Central/EBay-it-s-the-end-for-private-sellers/m-p/7787409#M708311 <BLOCKQUOTE><HR /><a href="https://community.ebay.co.uk/t5/user/viewprofilepage/user-id/11506858">@henley-theatre-services</a>&nbsp;wrote:<BR /><DIV class=""><DIV class=""><DIV class="">&nbsp;</DIV></DIV></DIV><DIV class=""><DIV class=""><DIV class=""><DIV class=""><DIV><DIV><DIV class=""><DIV class=""><DIV class=""><DIV><DIV class=""><DIV class="">&nbsp;</DIV></DIV><DIV class=""><DIV class=""><DIV class=""><SPAN><SPAN>Income tax</SPAN></SPAN></DIV></DIV></DIV><DIV class=""><DIV class=""><UL><LI><SPAN>If you earn more than £1,000 per year from selling on eBay, you may need to register for Self-Assessment and pay income tax.<SPAN class=""><SPAN class="">&nbsp;</SPAN></SPAN></SPAN></LI></UL></DIV></DIV></DIV></DIV></DIV></DIV></DIV></DIV></DIV></DIV></DIV></DIV><HR /></BLOCKQUOTE><P>&nbsp;</P><P>That only applies if the income was earned as the result of trading (self-employment); this means making, growing or buying items with the sole intention of selling them. That is why it is called the <A href="https://www.gov.uk/guidance/tax-free-allowances-on-property-and-trading-income#trade" target="_blank" rel="noopener"><STRONG>trading</STRONG> allowance</A>.</P><P>&nbsp;</P><P>Selling unwanted personal belongings is not trading and does not require the seller to complete a self-assessment even if they sell more than £1,000 worth of personal belongings in a calendar year. Do you really believe someone who sells their car for more than £1,000 is obliged to complete a self-assessment tax return as a result?</P> Tue, 25 Feb 2025 16:24:16 GMT 4_bathrooms 2025-02-25T16:24:16Z