https://community.ebay.co.uk/t5/Seller-Central/EBay-it-s-the-end-for-private-sellers/m-p/7787451#M708329 <P>In addition to my comment - please see ebay information on this as quoted...</P><P>&nbsp;</P><P><FONT color="#000000"><STRONG><EM>Quote&nbsp;</EM></STRONG></FONT></P><H2><FONT color="#0000FF">Do I have to share information with HMRC?</FONT></H2><DIV class=""><DIV class=""><P><FONT color="#0000FF">From January 2024, new UK digital sales reporting rules require digital platforms like eBay to share information with them. However, <STRONG>this reporting doesn’t change your tax obligations</STRONG>.</FONT></P><P><FONT color="#0000FF">On eBay, this should only <STRONG>affect newly registered accounts in 2024</STRONG>, which will extend to all accounts in 2025.</FONT></P><P><FONT color="#0000FF">eBay will only report if you pass certain yearly sales thresholds:</FONT></P><UL><LI><FONT color="#0000FF">If your total sales on eBay exceed €2000, or roughly £1740, after fees.</FONT></LI><LI><FONT color="#0000FF">If you complete 30 or more sales transactions on eBay.</FONT></LI></UL><P><FONT color="#0000FF"><STRONG>In general, selling personal items is not taxed if they’re below £6,000 and you’re not selling as part of a business.</STRONG></FONT></P><P><EM><STRONG>Unquote</STRONG></EM></P><P>&nbsp;</P></DIV></DIV><P>The above is to clarify that the above is ebay " policy" adhering to the HMRC reporting... and not to be confused with the HMRC &nbsp;£1000 TRADING ALLOWANCE &nbsp;for trading /business.&nbsp;</P> Tue, 25 Feb 2025 17:18:44 GMT vintique*violet 2025-02-25T17:18:44Z