Tax on Ebay sales

[uk_sportscards]

Hi all

I am a student with no current employment and have been selling off my own personal collection of trading cards i have accumulated over the past few years.

I have made roughly £2500 from these sales.

Online it is very confusing to see how the taxation stuff works and from what i can see online it seems that since this is personal belongings I can sell with no issues up to £6000 and since I have no other income as im unemployed I could potentially reach the personal allowance of £12570 without having any tax (though my collection could never fetch close to this).

Just looking for some guidance and any help will be greatly appreciated. Thank you

[john1297576 · Accepted solution]

There should be no tax involvement selling your own no longer required items.

While we cannot give tax advice, as far as I am aware, any of these sales on ebay do not get deducted from your personal allowance.