Worth It? · Side income
Selling on Vinted, eBay and Depop
There’s no new tax on clearing out your wardrobe. Here’s what the HMRC reporting rules actually mean.
30 salesor about £1,725 (€2,000) in a calendar year is when platforms send your details to HMRC. Reporting isn’t a tax bill.Full Fact, Vinted
£0tax on selling your own unwanted personal items, in most cases. Items sold for £6,000 or more can bring Capital Gains Tax.HMRC via Full Fact
£1,000trading allowance: if you buy or make things to sell, the first £1,000 of income a year is tax-free. Above that, register for Self Assessment.GOV.UK
TL;DRSelling your own old stuff: usually no tax. Buying or making things to sell for profit: that’s trading, and over £1,000 a year you need to tell HMRC.
Which one are you?
| You’re… | Tax? | What to do |
|---|---|---|
| Clearing out clothes you’ve worn | Usually none | Keep a rough note of what you sold, in case HMRC asks |
| Buying cheap to resell | Yes, on profit over £1,000 income | Track costs and sales; register for Self Assessment if over £1,000 |
| Making things to sell | Yes, on profit over £1,000 income | As above — it’s a small business |
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