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Ebay have asked I change my account to a business account
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You will be taxed on total income from all businesses minus total expenses on all businesses. The online tax submission makes the process quite straightforward.0
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For the tax return, there's no difference between self-employment, sole trader or a business - it all means the same, the terms are inter-changeable.
It's only if your "business" isn't solely you, i.e. it's a partnership with someone else, or if your "business" is a limited company, that it won't be classed as "self employment" on your tax return.0
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