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eBay and Working Tax Credits

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Comments

  • olgadapolga
    olgadapolga Posts: 2,328 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    calcotti said:

    I don't know whether selling on eBay will count as self employed work. 
    That would probably depend on a number of factors, such as is the individual registered as S/E with HMRC and whether or not the eBay selling is treated as a business and the appropriate earnings declared to HMRC. 

    As an example, DH operates a business using eBay as a selling platform, is registered as a business on eBay, buys goods/materials to make items to sell onto others, is registered as S/E with HMRC and completes a self-assessment every year.
  • Spoonie_Turtle
    Spoonie_Turtle Posts: 10,649 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    One would assume the gainful self-employed test would be applied, for Tax Credits purposes?
    https://www.entitledto.co.uk/help/Tax_Credits_Gainful_Self_Employment

    A cursory search throws up lots of results for UC and the relevant bits for the gainful employment test have been redacted from the version of the Tax Credits Manual that I could find.  This is absolutely not my area of experience. 

    However, it may be pertinent to know that sole traders have to register with HMRC if they are trading - selling stock bought with the intention of selling for profit - and earn over £1000 (gross, not profit) from it.  This applies to any trading including eBay, and traders like this are expected to register for a business account on eBay.
  • atlantis187
    atlantis187 Posts: 1,557 Forumite
    Part of the Furniture 1,000 Posts
    my wife works 8 hours a week, I will hopefully be working 12 hours earning roughly 7300pa plus 4 hours a week selling on ebay
  • Is the 4 hours just a sell what’s around the house I don’t need anymore thing? Or a buy and sell situation? 
  • atlantis187
    atlantis187 Posts: 1,557 Forumite
    Part of the Furniture 1,000 Posts
    MarkN88 said:
    Is the 4 hours just a sell what’s around the house I don’t need anymore thing? Or a buy and sell situation? 
    No I will hopefully scouring the internet and shops like poundland etc.. looking for stuff to sell 
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