VINTED  – Warning Shot Issued On Social Media by HMRC!

Do you sell goods or services via online marketplaces? It doesn’t need to be large volume  sales !
Can you prove it’s just personal belongings you are selling?

Very shortly you may be contacted by an online marketplace if you’ve made 30 or more sales, earned roughly £1,700, or provided a paid-for service.

There are no changes to the tax rules, and this does not automatically mean any tax is due.

However — Check out the HMRC website where there is guidance for you to check whether you need to tell them about your income from online platforms.

Worried ? ring us on 07879 464 577 to answer your questions and hopefully put your mind at rest. If you do need to disclose anything to them we can help.