Since when have eBay been reporting and how can you see what they have told HMRC ???

MetaPhysical
MetaPhysical Posts: 393 Forumite
100 Posts First Anniversary Photogenic Name Dropper
edited 8 October 2024 at 5:00PM in Cutting tax
^^^^
There was a lot of hullabaloo earlier this year about eBay and the online platforms such as Vinted, Etsy etc being mandated to tell HMRC how much stuff that an account sold.

Is there a way to find out what they told HMRC? 
Is there a way to see what eBay etc say is your total sales? 
If so how is that broken down?  Do they break it down when they tell HMRC? 
Were they telling HMRC prior to this tax year?
Will they part report Jan 1 2024 > 5 April 2024 (i..e the part of the tax year they were mandated to report?

TIA

Comments

  • Brie
    Brie Posts: 14,065 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    No idea.   But someone on the ebay board might know....

    Ebay, auctions, car boot sales, post & parcels — MoneySavingExpert Forum
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  • Bookworm105
    Bookworm105 Posts: 2,016 Forumite
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    Does that mean you wish to report something different?
  • ^^^^
    There was a lot of hullabaloo earlier this year about eBay and the online platforms such as Vinted, Etsy etc being mandated to tell HMRC how much stuff that an account sold.

    Is there a way to find out what they told HMRC? 
    Is there a way to see what eBay etc say is your total sales? 
    If so how is that broken down?  Do they break it down when they tell HMRC? 
    Were they telling HMRC prior to this tax year?
    Will they part report Jan 1 2024 > 5 April 2024 (i..e the part of the tax year they were mandated to report?

    TIA

    I suggest you ask eBay.

  • MetaPhysical
    MetaPhysical Posts: 393 Forumite
    100 Posts First Anniversary Photogenic Name Dropper
    edited 9 October 2024 at 6:46AM
    Does that mean you wish to report something different?
    Absolutely not.  I'd just like to know what they report about me to see if their number(s) and my own records tally in terms of the fees they report - for example do they just report gross sales and fees? 
  • ^^^^
    There was a lot of hullabaloo earlier this year about eBay and the online platforms such as Vinted, Etsy etc being mandated to tell HMRC how much stuff that an account sold.

    Is there a way to find out what they told HMRC? 
    Is there a way to see what eBay etc say is your total sales? 
    If so how is that broken down?  Do they break it down when they tell HMRC? 
    Were they telling HMRC prior to this tax year?
    Will they part report Jan 1 2024 > 5 April 2024 (i..e the part of the tax year they were mandated to report?

    TIA

    I suggest you ask eBay.

    I wondered if someone here knew.  
  • LITRG
    LITRG Posts: 45 Organisation Representative
    Eighth Anniversary 10 Posts Photogenic Combo Breaker

    Hello. We are the Low Incomes Tax Reform Group (LITRG), part of the Chartered Institute of Taxation who are an educational charity. We are not part of HMRC or MSE. Although we can’t give individual advice, you might find our website information about your tax position when selling items using online platforms and what the platforms might report to HMRC useful: https://www.litrg.org.uk/working/gig-economy/oecd-rules. If you require further help, we recommend that you contact a tax adviser, HMRC or one of the tax charities where relevant. You can find more information about where to get help with tax here: https://www.litrg.org.uk/tax-nic/getting-help-tax. Thanks.


    Official Company Representative
    I am an official representative of LITRG (Low Incomes Tax Reform Group) part of the Chartered Institute of Taxation who are an educational charity. We are not part of MSE or HMRC. MSE has given permission for me to post on the Forum but this does NOT imply any form of approval of my organisation or its products by MSE. We can’t give individual advice, but if you require further help, we recommend that you contact a tax adviser, HMRC or one of the tax charities where relevant. You can find more information about where to get help with tax here. If you believe I am posting inappropriately please report it to forumteam@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE"
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