Private seller limiations

Hi

Can anyone please tell me what the limitations on selling are now for a private seller?

Am i right in saying that you can only sell a max of 20 items a year? up to an amount £1740

Trying to find out what is right ,cant find anything on the eBay help pages

If this is the case then i cant see myself being able to keep my account open.

any help would be much appreciated

thanks

Message 1 of 7
See Most Recent
6 REPLIES 6

Private seller limiations

Nothing has changed for private sellers,there is no limit unless you sell a single item or collection over £600 when cgt may be payable.

 

There is a figure of 30 items or €2000 (appx£1700) where eBay has to report sales to HMRC

 

If you are selling your own personal items and not buying/making/growing for resale then it is likely there will be no tax due.

 

Edit:

Just checked your listing and you are buying/making to resell,you need to change to a business account not trade on a private one

https://www.ebay.co.uk/help/policies/selling-policies/business-seller-policy?id=4710

Message 2 of 7
See Most Recent

Private seller limiations

jckl1957
Experienced Mentor

There is no limit on how many items or what value of items a private seller can sell.

If you sold more than 30 items between January and December 2024 (which you clearly did), Ebay has to report your sales to HMRC.

As advised, you are clearly trading and should have a business account.  Irrespective of that, you should also be completing a self-assessment form and reporting your sales to HMRC.

"There are two ways to be fooled. One is to believe what isn't true; the other is to refuse to believe what is true.”
Søren Kierkegaard, Danish philosopher (1813 - 1855)
Message 3 of 7
See Most Recent

Private seller limiations

Hi

Thanks for taking the time too reply.

So basically eBay are are not interested in any private sellers & want everybody to have business accounts?

No thanks id rather close my account .

Why should i be forced into something i don't want.....

Kind regards

SUG

Message 4 of 7
See Most Recent

Private seller limiations

Hi

So basically eBay are are not interested in any private sellers & want everybody to have business accounts?

Message 5 of 7
See Most Recent

Private seller limiations

Well it does benefit ebay, but is the law. Buyers who buy from a business have more legal rights, so it is not in a buyers interest to buy from a private seller trading illegally.

Message 6 of 7
See Most Recent

Private seller limiations


@hang_it_on wrote:

Hi

Thanks for taking the time too reply.

So basically eBay are are not interested in any private sellers & want everybody to have business accounts?

No thanks id rather close my account .

Why should i be forced into something i don't want.....

Kind regards

SUG


How have you come to that conclusion?

 

As you are trading you have to have a business account, if you don't want to upgrade then close your account, but your details will still be sent to HMRC who may ask you some awkward questions.

Message 7 of 7
See Most Recent