I've reached 29 items so far this year

[destructor23]

Alas, I've reached my limit before HMRC come knocking.

It's been fun.

I will be back on 1 January 2025.

Enjoy.

[dch2112011]

I would not worry according to ebay your sales will not be reported until 2025  by which time you will have reached over 1 million sales  and retired to a tax haven where you can continue selling your personal items whithout the hindrance of HMRC income tax  

[papso22]

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@destructor23 wrote:

Alas, I've reached my limit before HMRC come knocking.

It's been fun.

I will be back on 1 January 2025.

Enjoy.

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You still have 10 items for sale.

[*vyolla*]

From what you've sold and are still selling I can't see why you think that HMRC would be interested in you?

You're clearly a private seller listing their own personal items. 

I can't see you tripping any of their algorithms. 

[destructor23]

Indeed, they've been their for weeks, maybe even a couple of months. I am hesitant to delete my hard work in putting the listings up.

[destructor23]

I do hope you are correct.

Time will tell.

[destructor23]

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@dch2112011 wrote:

I would not worry according to ebay your sales will not be reported until 2025  by which time you will have reached over 1 million sales  and retired to a tax haven where you can continue selling your personal items whithout the hindrance of HMRC income tax  

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1 million sales / 9 months = 111,111 sales per month = 3584 sales per day = 2.5 sales per minute

I don't think I could possibly cope with that volume and would probably need to invest in a new ink cartridge for the labels.

[dch2112011]

Not a problem - they will all be multi item orders - thing is to keep them all personal you will have to dismantle your house brick by brick, nail by nail, screw by screw, tile by tile - so I would invest in a tent and good sleeping bag which you can sell at the end of the year.

I wonder how much you can sell one used nail for on ebay ?   Would HMRC target you for selling multiple similar items? Would ebay deem you to be a business seller and then there is VAT let alone capital gains tax to negotiate.

I would research the extradition treaties the UK has  before dashing off to the tax haven, I believe there is no extradition from the Antartic - mind you I would keep the sleeping bag -damn the profits !

[keeptheroof]

Total nonsense. HMRC say the has been no change to UK tax liabilities. Stop trying to scare people.

[papso22]

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@destructor23 wrote:

Indeed, they've been their for weeks, maybe even a couple of months. I am hesitant to delete my hard work in putting the listings up.

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So your original post was incorrect then.

What was the point of it?

[kath3735_wxmjn · Accepted solution]

maybe a bit of light humour for a change?  Instead of all the doom and gloom so often put on here where people pronounce on things they have no clue about.  I am just going to trot on as usual and if HMRC get in touch they get in touch, will deal with that when it happens.  I have just gone over the 30 but would take all year to go over the £1700 (and even then i doubt it would be anywhere near that much) so if they want to waste time on me then let them.

[destructor23]

Exactly Kath.