claiming benefits and selling on ebay?

gill37

Do i have to tell DWP if I earn money from selling items on ebay? Would they ask to see my ebay account? I have paypal amounts going into my bank account and I dont know whether or not i need to declare this??

tattycath

gill37 wrote: »

Do i have to tell DWP if I earn money from selling items on ebay? Would they ask to see my ebay account? I have paypal amounts going into my bank account and I dont know whether or not i need to declare this??

If you are buying to sell for profit, you are running a business and need to declare it. If you are just getting rid of your own stuff that you no longer need or want you don't have to declare it afaik.

NYM

Not sure, but I would have thought you would need to notify them of any income.

From your 'signature' it appears that you are not just selling your own stuff...plus you appear to have an Ironing business.
Do you notify them of that income ?

Maybe you should register as a business before HMRC 'insist' you do it.

NotSuchASmugMarriedNow

Yes you have to declare it. Why on earth wouldn't you?

rogerblack

NotSuchASmugMarriedNow wrote: »

Yes you have to declare it. Why on earth wouldn't you?

Because you do not have to declare capital as income.
If you have personal possessions that you sell on ebay, you are converting one form of capital to another.

If this takes you over the non-exempt capital limits of savings, then yes, you need to inform them.
Otherwise, you do not.

Buying and selling - yes you do - and depending on what benefits you're on it may not be possible to do it legally.

schrodie

NotSuchASmugMarriedNow wrote: »

Yes you have to declare it. Why on earth wouldn't you?

Because you may be on a non-means tested benefit!

Nada666

You are also very limited to what benefits you can claim if you are working more than 16 hours per week. With the baking, cosmetics, ironing and ebaying businesses you seem to be partaking in you can only claim working tax credits and housing/council tax benefit. Plus child benefits.

Housing_Benefit_Officer

rogerblack wrote: »

Because you do not have to declare capital as income.
If you have personal possessions that you sell on ebay, you are converting one form of capital to another.

If this takes you over the non-exempt capital limits of savings, then yes, you need to inform them.
Otherwise, you do not.

Buying and selling - yes you do - and depending on what benefits you're on it may not be possible to do it legally.

Regularly selling items is counted as income. One of our Fraud referrals is paypal items paid into a bank account and no business declared - it is easy to verify and check exactly what someone is selling via their feedback oneBay - then we notify HMRC of undeclared earnings as they target sites like eBay. If it just selling a few items to make money to live on then it isn't a problem

Mojisola

gill37 - Made £442.95 in January. £190 made in feb £229 in March. £250 in April £335 in May £100.50 in June £775.77 July

This isn't just selling odd bits and pieces, is it?

Housing_Benefit_Officer

Mojisola wrote: »

gill37 - Made £442.95 in January. £190 made in feb £229 in March. £250 in April £335 in May £100.50 in June £775.77 July

This isn't just selling odd bits and pieces, is it?

There are some people who are self employed authors who wish they could make money like that!

Yes I would treat the eBay selling at that volume as self employed income.