https://community.ebay.co.uk/t5/Seller-Central/EBay-it-s-the-end-for-private-sellers/m-p/7787446#M708327 <UL><LI>If you are selling unwanted personal possessions such as old toys or clothes, this would not be classed as trading or miscellaneous income, and there is usually no tax to pay. In some circumstances there may be capital gains tax when selling valuable items such as jewellery, this is covered in our<SPAN>&nbsp;</SPAN><A href="https://www.litrg.org.uk/sites/default/files/240109%20OECD%20rules%20flowchart_0.pdf" target="_blank" rel="noopener nofollow noreferrer">flowchart</A>.</LI></UL><P>There is no new tax and selling unwanted personal items as a " private seller" is not subjected to the HMRC £1000<EM><SPAN>&nbsp;</SPAN>trading</EM><SPAN>&nbsp;</SPAN>allowance, as there is no trading nor business activities, however they may be subject to Capital Gains Tax if of high value and a profit has been made.</P><P>&nbsp;</P><P><a href="https://community.ebay.co.uk/t5/user/viewprofilepage/user-id/11506858">@henley-theatre-services</a>&nbsp;</P> Tue, 25 Feb 2025 17:12:39 GMT wintersdawn1 2025-02-25T17:12:39Z