Contributory ESA and Vinted

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This discussion was created from comments split from: Contributory ESA.

Kazzj750

Hi I’m newbie on here just wondering I know someone on contributory esa and they sell on Vinted with the new laws coming out are you allowed to sell now 

Spoonie_Turtle

Kazzj750 said:

Hi I’m newbie on here just wondering I know someone on contributory esa and they sell on Vinted with the new laws coming out are you allowed to sell now 

What new laws?

Anyone is allowed to sell items.  Whether they have to report it as income for ESA depends on whether they're selling their own unwanted possessions which DWP don't need to know about, or whether they are buying or making items specifically to sell in which case they would be trading and ought to report the profit.  But unless their profit from trading is over the £167/week threshold it won't affect their ESA anyway.

Muttleythefrog

Kazzj750 said:

Hi I’m newbie on here just wondering I know someone on contributory esa and they sell on Vinted with the new laws coming out are you allowed to sell now 

I presume you're talking about HMRC looking to investigate more those on selling sites potentially not declaring their earnings to pay appropriate tax. There are no new laws as far as I know unless you're referring to something else. People are allowed to sell on these platforms.. whether that impacts benefits will depend on the benefit and the circumstances of the selling. 

MSE_Stephen

Hi @Kazzj750

We've created a new thread for your post

peteuk

Muttleythefrog said:

Kazzj750 said:

Hi I’m newbie on here just wondering I know someone on contributory esa and they sell on Vinted with the new laws coming out are you allowed to sell now 

I presume you're talking about HMRC looking to investigate more those on selling sites potentially not declaring their earnings to pay appropriate tax. There are no new laws as far as I know unless you're referring to something else. People are allowed to sell on these platforms.. whether that impacts benefits will depend on the benefit and the circumstances of the selling. 

I read yesterday that there is a threshold for occasional sellers v regular sellers.  A platform like vinted may say 30 items per year,  the discussion mentioned a £1000.  So the “new” application of the law says platforms share your details with HMRC (hence the 30 items limit) and then HMRC marry it up with your tax return.

In my eyes it’s there to stop the charity shop up sellers from brining in cash and not paying tax.

Spoonie_Turtle

peteuk said:

Muttleythefrog said:

Kazzj750 said:

Hi I’m newbie on here just wondering I know someone on contributory esa and they sell on Vinted with the new laws coming out are you allowed to sell now 

I presume you're talking about HMRC looking to investigate more those on selling sites potentially not declaring their earnings to pay appropriate tax. There are no new laws as far as I know unless you're referring to something else. People are allowed to sell on these platforms.. whether that impacts benefits will depend on the benefit and the circumstances of the selling. 

I read yesterday that there is a threshold for occasional sellers v regular sellers.  A platform like vinted may say 30 items per year,  the discussion mentioned a £1000.  So the “new” application of the law says platforms share your details with HMRC (hence the 30 items limit) and then HMRC marry it up with your tax return.

In my eyes it’s there to stop the charity shop up sellers from brining in cash and not paying tax.

Whatever arbitrary measures they might bring in, it doesn't change the fact that only trading income is reportable and taxable.

The reporting around this is so irresponsible, causing so much confusion and distress because it's so unclear.  Thoroughly reprehensible.