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New HMRC rules re sites automatically declaring income

soolin · 2023-10-18 07:06:08

It looks like there may be tweaks to the reporting system from next year with sites like eBay etc automatically reporting all income from users to HMRC. At the moment it is apparently only on request. Obviously this only affects people who receive more than £1000 per annum and can’t show it is private goods being sold…

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soolin Posts: 74,166 Ambassador

23 October 2023 at 5:08PM

I'm having dealings with another ebay user at the moment, registered as private but currently has 2500+ items listed , all brand new and not the type of thing that you collect. It couldn't be more obviously a business if they tried!

I don't think anyone needs worry too much about selling off a few charity shop clothing hauls if ebay consider that sort of seller is private.

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