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Making loss on item
What is the rule on making a loss on ebay? For example I bought 2 phone on amazon and sell on ebay. Paid £100, I sold for £150, I need to pay 20% of the profit. The 2nd phone I paid £100, I can sell it for £150, but decided to sell to my friend for £90. Making a £10 loss. So can I say I only make £40 profit??? Is this…
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If I Cancel Paypal?
I no longer use PayPal to pay for things from the internet but I have a yearly subscription paid for using PayPal that I have tried to cancel (it's only about £12.00 a year) but they always manage to get the money from PayPal somehow. I no longer use the subscription but that does not stop it being renewed every year. If I…
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Weird package arrived I didn’t order
Hi I’ve received a strange package today from USA which looks like an eBay parcel as it is handwritten and has a return address on it. I’ve never ordered it but has my maiden name on and my address. I’ve checked my bank and paypal and no money has left my account so I’m absolutely clueless. anyone experienced this? TIA
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Sent two items in a box, buyer claims to have received one
Like any thoughts on this situation. I sold two pairs of headphones as spares/repair. Buyer contacted me today and claims the box only had one. Sent pictures on request of the box but stated it was well sealed and still full of the polystyrene chips they were packed in. Has now started a returns with eBay and stating they…
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HMRC 30 item question
Just curious how HMRC would view a "job lot" listing of mixed new and used items. Would it be listed as 1 item?
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Is it possible to sell on Ebay for profit and just let Ebay deduct tax at standard rate from all sal
Is it possible to sell on Ebay for profit and just let Ebay deduct tax at standard rate from all sales. Just like they make all other deductions? Or is that too easy? Does it have to involve 1000000 hours of tax payers money to calculate tax annually at £23.08
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RM incorrectly delivered to address 50 miles from buyers address
Hi foiks Never had this happen before but I sent a Tracked 24 item (cost to me was £85). Item delivered a few days ago to an address 50 miles away from where it was supposed to end up. I've double checked RM's tracking which shows GPS co-ordinates which I've since looed up and appears it was delivered to an argos store…
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New tax rules for selling online
I’m not sure if the new tax rules for selling online (vinted) apply to me, I know your allowed a certain amount of nontaxable income and I don’t currently have a job so have no income. I sell quite a lot on vinted, clearing out unwanted items, kids stuff etc and also sell for family members. I know they say if you sell…
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New eBay Account
Just opened a new account, it looks completely different to my main account. It's just going to be for selling things , at the minute I'm struggling to set up an account to get paid into, I understand that is required to get the FVF offers. the layout of the new ebay account is not like I'm used to, is there a way to…
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Yodel and Evri Weight Tolerance
Hi All just a quick question on weight tolerance I’m sending parcels using Evri or Yodel nearly every day. I noticed that price jumps by about a £1 per parcel if it moves from 1kg band to 2kg my parcel weighs 1.062kg or 1062 grams. is there any tolerance with either of these courier companies or do i just swallow a £1 each…
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EBay keep defaulting to recommended price
I haven’t used EBay to sell anything for years. I’m trying to create a new listing but it keeps suggesting starting the auction at a ridiculously low price. When I try to alter that, and no matter how much I toggle on/off the ‘auction’ and ‘buy it now’ options, once I hit preview it always goes back to the recommended…
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Vinted sales
Hi, I'm really confused by the new rules around selling second hand clothes online. So I sell a lot of my kids clothes online via vinted when they have out grown them. I don't go anywhere near the £1000 threshold but have also seen things about limits of 30 sales. Does this mean if I do 30 sales but am well below the £1000…
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Claiming back postage cost for missing parcel
We sent a small item to USA using RM international tracked service. Item was tiny, and nominal value (just a friendship bracelet that my daughter wanted to send to her friend). I was a bit surprised that the postage cost was almost £10, but that's what they charged her at the post office counter. Packet got as far as…
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Purchasing Royal Mail Postage Online
I usually purchase my postage labels via eBay and then drop off to the Post Office. However, having sold an item through an online forum, if I go to the Royal Mail website in order to purchase postage, while going through the steps I only get an option to arrange a free collection. While a free collection is great, I'm at…
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Tax on Ebay Sales
Hi I am confused on the new rules for tax and selling on Ebay. I am a private seller just getting rid of owned unwanted items and although I understand the rules about the £1,000 pound limit or 30 sales a year, I am confused if these limits are to be calculated in tax years ie April to April or January to December each…
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FVF Discount Reminder
Just a reminder for those of you who took advantage of the last FVF discount weekend before Xmas, you have another week before listings will auto renew and will be subject to full fee’s again! Don’t get stung!
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Sales dates for self assessment
I sold £4k on ebay from Jan 1st 2023 to Jan 1st 2024. I will be filing a self assessment to be submitted by Jan 31st 2024. Is Jan 1st 2023 to Jan 1st 2024 the period that my self assessment covers?
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HMRC ruling on eBay/ Etsy etc
Hi - first time on here so please bear with me. I understand the rule that you are now allowed to sell up to £1,000 worth of goods or belongings on eBay etc before you have declare on self assessment. I’m a carer for my child so am in receipt of a carers allowance of just over £300 a month which I believe is non taxable.…
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Forward Shipping and eBay ?
Hope someone can help/advise on this... I sold a fragile figurine on eBay recently (couple of hundred £s) and decided against GSP - UK only. It's been well packaged but has gone to a forward shipping company outside London. Next stop outside UK. It's been received at the Shiipping Company today and photograph of outer box…
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eBay seller rules and CGT
Hi I'm wondering if the eBay etc new HMRC rules will effect me. I sell my own possessions, some which have gone up in value. Some I sell soon after buying, some later. Small volumes. I don't intend to buy to resell. I've kept receipts for everything. Occasionally I've sold at a loss. I'm always under the CGT allowance…
