Sold 30 items or more personal items

[buyabargain505]

I've been told to submit my national insurance number which I have 

Because I have sold more than 30 items or just over  £1800 in a year the items are only sell are my own property I'm clearing my shed house and attic of basic clutter and not for profit 

Ebay said they will forward my national insurance details to hmrc

Will hmrc contact me etc or what happens next please 

[jckl1957]

There is lots of accurate information out there.

HMRC is a good, accurate, reliable source.

Essentially, if you are selling your own items, there is no tax liability.

However, the UK has signed up to an agreement where online platforms are required to submit details to HMRC of all sellers who either sell more than 30 items in a year or who have sales totalling more than about £1740. (The amount is set in euros so it can vary.)  This does not mean you will have to pay any tax or that HMRC will even contact you.

If you are buying or making items to sell at a profit, you are trading and should be completing a self-assessment.

More details available from the link below.

https://www.gov.uk/guidance/selling-goods-or-services-on-a-digital-platform

 

 

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