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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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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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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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Paypal fake emails.
Message from. [Removed by Forum Team]. saying "DEAR CUSTOMER You have received £450.00 from the Buyer pending. We have a problem crediting your £450.00 because the status of your account is not a business user which makes your account have limits. This amount seems to be above your limit. To fully expand your account into…
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Ebay seller , need to disclose profit
Hi there, I was ebay seller from 2016 to 2021 and need to disclose my profit to hmrc. My estimated profit for 2016/2017 was £770 2017/2018 was £2,538 2018/2019 was £3,364 2019/2020 was £17,325 2020/2021 was £553 no more trading from april 2021 no turn over of 85K or above at any of those years worked as full time while…
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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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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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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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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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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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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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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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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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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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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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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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Item Not As Described ...
So I'd been looking on ebay for some desktop lamps, and saw some very nice tiffany style animal lamps - there were quite a few sellers with the same range, same pictures, and mostly all were Chinese sellers. They were pretty cheap and only about 8" high, and my mum liked the look of one too, so i ordered a pair i saw from…
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Royal Mail failed delivery for Christmas to buyer
I sent a book to a buyer which was picked up by RM from my door last Friday. The buyer tells me a week on that she hasn't received it (I also forgot to mark as despatched) I have the email confirmation from RM that it was picked up so where do I go from here ?
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Another whinge about ebay delivery estimates
I have a 3 day dispatch on and am using 2nd class post. Someone has just bought something and it shows estimated delivery from 4-5th January 2024 . I have no idea what planet ebay are on!
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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…
