HMRC £1000 Trading Allowance

[brnor_6399]

Hi, yes I know there is lots amount this but still unclear which figures to use.

Is the correct amount to calculate HMRC £1000 Trading Allowance threshold

the actual amount “Paid Out” to bank? regardless of whether this includes postage etc?

Thanks

[papso22]

The £1,000 is your trading income, i.e what you sold your item for and any postage charged to the buyer by you.