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paypal and benefits

MissPiggy50
Posts: 48 Forumite
I have recently started sellin stuff on ebay and transfering the dosh from paypal into my acount. Does anyone know if this affects housing benefit and social etc....?
cheers
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Comments
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i wouldnt bother telling them personally lol0
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Your problem may be if DWP does a review on your circumstances and see the transfer on your bank statement. Best thing to do is keep your ebay life separate and use your ebay income to pay for stuff on ebay....or anything else that accepts paypal. The number of organisations who accept payment by paypal is huge.
Always keep your paypal a/c in credit or they'll top up direct from your bank which will show on your bank statement.
You're supposed to inform DWP that you have a paypal a/c and I'm sure you will. Just like everyone else.0 -
If you're doing this to generate an income then yes, if your simply selling your old possessions then no. Don't think just because its all done online behind anonymous usernames you won't be caught as the numbers caught as trading on ebay seems to keep increasing each year from what I see. If you are planning on doing this, I'd be more concerned with HMRC rather than the DWP, you dont get £5 a week repayment plans with HMRC unlike the DWP, they don't mess about when they are owed money.I work as a Housing Benefit assessor, any advice given is for general information purposes only. It is not, and should not be construed as, financial or other professional advice.0
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SPELLKASTER wrote: »i wouldnt bother telling them personally lol0
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zoominatorone wrote: »That suprises me.
Given who they are!!!!!!!! Under a ae does it really?0 -
Going back several years ago now I was working in a office where claims were processed, a customer had declared money in a paypal account... the member of staff processing the claim didn't even know what a paypal account was.
I wouldn't worry about it personally, so long as there is no selling as an business.0 -
Going back several years ago now I was working in a office where claims were processed, a customer had declared money in a paypal account... the member of staff processing the claim didn't even know what a paypal account was.
I wouldn't worry about it personally, so long as there is no selling as an business.0 -
zoominatorone wrote: »You wouldn't worry about the fact she is on here asking for advice on how to hide a revenue stream so she can carry on getting housing benefit and "social"?
Troll or not - th op as not stated if its their own stuff or buying to sell.
Without that info your points are null and void.
Someone asked if she needed to declare £10 of premium bonds.Everyone said no - don't be silly. I said yes, you should.
She still blames me for the fact that the £10 premium bond held up her claim for 6 weeks, as the clowns at the DWP wanted photocopies, statements, receipt for purchase etc. Its not always best being upfront about small things.0 -
I agree with the posters who says it depends on whether the OP is selling a few of her secondhand possessions or whether she is running a small online business. If she is trading, she needs to think about registering as self employed, paying class 2 NI (if she is above the threshold) and doing a self-assessment tax return.0
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zoominatorone wrote: »You wouldn't worry about the fact she is on here asking for advice on how to hide a revenue stream so she can carry on getting housing benefit and "social"?
So if she sells say, her car - that's a revenue stream? or bundles of outgrown kids clothes for a couple of quid, that's a revenue stream? Because I've done both of those and never declared it on my tax returnLove many, trust few, learn to paddle your own canoe.
“Don’t have children if you can’t afford them” is the “Let them eat cake” of the 21st century. It doesn’t matter how children got here, they need and deserve to be fed.0
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