Hi Jilly and Dingo
As Dingo says be totally honest with them. How I handle it is by a) Using SKU field to highlight individual sellers and b) keep "Proxy sales records e.g. spreadsheet" where i specify all items sold by proxy and who the seller is and amount of monies and when i transferred them. Best to do via Bank transfer as more of a proven transaction but if cash is best then so be it. It does not have to be a spreadsheet can be just a notebook. I record item name as in listing title, sold price and deduct any fees and postage or other costs incurred to sell item. You then end up with a nett figure for that item attributed to say Grandad or Daughter #1. I have proxy sale records for individual immediate family and a combined record for any other person that has asked me to sell an item on ebay. Personal sales are recorded as well. I've submitted these records to HMRC for last 3 years or so with a summary sheet showing total sales and each proxy sales channel and touch wood I've never had a comeback. The records are clear and as an accountant said to me, HMRC are looking for the 6 figure sellers business related purchases or expenditure packing materials, labels printer ink car mileage e,g, trips to drop off items at post etc etc as this can be entered on your tax return and is deducted from your gross earnings before tax is applied. Sounds horrendous to start but once in place its really easy to maintain. Find what works for you. I like to enter my records straight after posting as a reminder for entering mileage to post office as that's what I forget most. When you submit tax would issue each party their personal sales record so if tax office comes back to them they can confirm their personal sales against the list you gave them. ebay will have all sales records available in seller hub. The main thing is don't panic, everyone I know thats been in this position have found HMRC helpful . Good luck
jBQw8yPVRi!~~60_7.JPG "lucy_farmer"){kind=avatar}
