02-04-2025 9:37 AM
Private seller, running a small business selling Lego Figures, was doing okay building up a small business.
Pre October last year
Selling a £1.29 figure, made £1.05 "profit"
Now
Selling a £1.29 figure, make £1.29 "profit"
Pre October last year
Buyer paid £2.98 for a £1.29 figure
Now 😞😞😞😞😞
From 15th April Buyer will pay £4.76 for a £1.29 figure and there's nothing I can do to reduce this...
60% increase to the buyer...
eBay has effectively told all private sellers to go forth and multiply...
02-04-2025 9:42 AM
"running a small business"
But you are selling on a private account.
Properly registered you would not have the bother of the BPF.
02-04-2025 9:51 AM
02-04-2025 9:57 AM
You are missing the point that it is illegal under a number of laws to run a business on a private ebay account. These include the law that makes it a criminal offence for a business to hold itself out as a private seller.
It's absolutely nothing to do with tax laws.
02-04-2025 10:00 AM
Careful, they walk amongst us, funny that, having filed tax returns for that last two years, you'd think I'd be taken to court over this, you REALLY have nothing else better to do than jump on thread that has nothing to do with you and, on which, you have nothing pertinent or useful to add...
02-04-2025 10:27 AM - edited 02-04-2025 10:29 AM
Trading on the incorrect account is not an option even if you are completing a tax return - a private seller is one who is selling off their own bits and pieces such as items from their wardrobe/loft etc, and a business seller buys or makes items to re-sell.
The problem is, as it stands you have the buyer fee added to each listing.
If you trade as a business (and how much profit you make doesn't come into it, some businesses trade at a loss for the first year), you're unable to claim any expenses to offset against your self assessment.
See eBay's guidance page here, where they state
An eBay seller must register as a business if, for example, they sell items they have bought to resell, they make items in order to sell them, or if they buy items for their business.
What is the policy?
Business sellers can't represent themselves as private individuals
Taken from: