EBAY HAVE FINALLY GOT RID OF LOW PRICE SELLERS

[rota65]

YES AFTER 10 YEARS OF SELLING, EBAY HAVE FINALLY PUSHED LOW PRICED SELLERS OFF THE CLIFF, I SELL RECORDS AT 50p EACH AND WITH EBAY'S BUYER PROTECTION IT BUMPS THE PRICE UP TO £1.24 WHICH IS MORE THAN MOST OF THEM ARE WORTH, WHO'S GOING TO BUY A £1.50 LOAF OF BREAD FOR £3.75, AND I CAN'T BECOME A BUISNESS SELLER BECAUSE OF THE INSERT FEES AS YOU HAVE TO PAY EVEN IF YOUR ITEM DON'T SELL, I USED TO LIST 1000 RECORDS FOR FREE AND SOLD AROUND 150, NOW I CAN ONLY LIST 300 OF WHICH I WOULD ONLY SELL AROUND 50, THAT MEANS 250 INSERT FEES DOWN THE DRAIN, SO THANK  YOU TO THE IDIOT WHO CAME UP WITH THIS IDEA YOU HAVE LOST ANOTHER SELLER, PLUS I BUY LOTS OF RECORDS FROM LOW PRICE SELLERS, AND NOW WITH THE BP IT PRICES ME OUT OF MANY PURCHASES SO I AM BUYING LESS, BUT I DON'T SURPOSE EBAY GIVE A MONKEY'S, TIME TO GIVE E-BID A GO AND SUMMERS COMMING BACK TO CAR BOOT SALES, TO ALL MY CUSTOMERS IF THEY SEE THIS, CHEERS FOR YOUR CUSTOM.

[moldosgifts]

Ask simba mattress co they've mad a loss every year since started, many businesses make a loss,

If you don't reach the personal allowance from all income there is no tax to pay, but your are still a sole trader.

The post @papso22  was answering to is a business but selling for free so avoiding selling fees.

[rota65]

Some low cost sellers would not be better off registering as a business because of the listing fees, if I was to list 300 records at 50p each I would hope to sell 50 records, so I would lose 250 listing fees, I don't sell on ebay to make much profit, but I certainly don't want to lose a lot of money.

[susapric-68]

Profit? why are you mentioning profit? You could list those 300 records in 6 multi listings costing 36p x 6. Come on we don't have to do ALL the thinking for you

[papso22]

---

@rota65 wrote:

Some low cost sellers would not be better off registering as a business because of the listing fees, if I was to list 300 records at 50p each I would hope to sell 50 records, so I would lose 250 listing fees, I don't sell on ebay to make much profit, but I certainly don't want to lose a lot of money.

---

At the risk of repeating myself,  it's not about being 'better off'  it's about trading legally on the right type of ebay account.  If that's not viable financially then ebay isn't the place to sell.

[susapric-68]

They give themselves away. I'm 60 and can't ever remember buying a record for under 50p so the fact he mentions any kind of profit on a 50p sale says he buys them in bulk to sell

[messier44000]

That could mean Manchester United are not a business as the made a loss over the last year.

17 years ago my first year was at a loss due to B&M, website, stock etc set up costs.

Still had to register with HMRC from day one.

[bargainsgalorebusiness]

I refuse to read any of this block of shouting text.

[theelench]

@rota65 

Vinyl records do sell but I'd advise anyone thinking of selling there to look very carefully at the selling plans before starting.  The 'Special Offer' may not be the best way for low value items.  You have to think about how long it might take to get your up-front fee back?

[hugothecockapoo]

Hello Kath...thank you for your reply...i should have being more concise with my replay..

This statement is now going to confuse jo public..

Supporting side-hustlers: HMRC to raise threshold for self-assessment to £3,000

ITS A DILLY OF A PICKLE

[moldosgifts]

In a significant boost for side-hustlers across the UK, the Government announced this week that the threshold for filing a self-assessment tax return for trading income will rise from £1,000 to £3,000 by 2029.

Notice the opening statement they haven't done it yet and may not do at all.

The notice has gone up way to early in my opinion and until it actually happens should be ignored.

[papso22]

If it happens it will happen sometime in the life of this parliament, but as you point out it's a self assessment filing change not a tax due change.    

[rota65]

EXACTLY THAT'S WHY I HAVE STOPPED SELLING

[rota65]

IF I SOLD A JOB LOT OF 6, THAT'S £3 WITH BP PLUS £3 POSTAGE THAT'S £6 IT'S TOO MUCH, AND WHAT IF THE BUYER ONLY WANTED 2 OR 3 IN THAT LOT, DO YOU NOT THINK I HAVE DONE THIS IN THE PAST, I DID BETTER SELLING SEPARATELY 

[rota65]

NO, I BUY JOB LOTS BECAUSE I COLLECT, THEN SELL OFF WHAT I DON'T WANT HOPEFULLY TO GET MY MONEY BACK ON WHAT I PAID, SO THE RECORDS I KEPT WOULD HAVE COST NOTHING, ALSO I AM 60 FIRST SINGLE I BOUGHT IN 1973 20p

[moldosgifts]

Yes instead of £1000 before you file it will be £3000 but only if it actually happens, I don't know why Ebay chose to post it, it will just seed confusion, wait till it's actually coming in to fruition, not years before. 

[theelench]

Not necessarily.   It says that the seller he bought them from is doing exactly what @rota65  is being told to do now.

SELL THEM IN BATCHES.

Would I be bothered listing in batches, then pulling them apart for a buyer and re-doing the rest after each sale of 50p a disc?

I would not.  If ebay wants to make selling so difficult for private sellers, they don't deserve the business or the profit.

If I were selling low value collectables like stamps, post cards etc.  I'd be urgently looking for another site to sell on and taking as many of my regular buyers as I could with me. 

[moldosgifts]

I sell low value items I'm having a great time. bonus i am trading legally so can also sleep at night.

[lucy_farmer]

'NO, I BUY JOB LOTS BECAUSE I COLLECT, THEN SELL OFF WHAT I DON'T WANT HOPEFULLY TO GET MY MONEY BACK ON WHAT I PAID, SO THE RECORDS I KEPT WOULD HAVE COST NOTHING, ALSO I AM 60 FIRST SINGLE I BOUGHT IN 1973 20p'

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Rota, I'm not trying to be rude here, honest....but please will you turn your caps lock off?

Blocks of text written in caps are much harder to read. (and some people see it as rude; as in you're 'SHOUTING'!)

[susapric-68]

Who's saying sell in a batch of 6? I'm saying you could create 6 multi listings. 60s,70s,80s and so on and add to those. Set up a multi buy so people can get a discount by buying more than one. Buyer could pick a few from you 60s section and a few from any other listing you have. It's you that wants the buyer to have the BPF and could remove it by paying 36p a multi listing and FVF

[susapric-68]

Same, party time. sales up 16% last month and already 4% up on that this month