About: HMRC has not introduced a new tax. People who earn more than £1,000 a year from selling personal items may have to declare this to HMRC and pay tax on the profits, depending on whether they are considered a ‘trader’. What has changed is that digital platforms now have to automatically share some income data with HMRC.     Goto   Sponge   NotDistinct   Permalink

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  • HMRC has not introduced a new tax. People who earn more than £1,000 a year from selling personal items may have to declare this to HMRC and pay tax on the profits, depending on whether they are considered a ‘trader’. What has changed is that digital platforms now have to automatically share some income data with HMRC.
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  • HMRC has not introduced a new tax. People who earn more than £1,000 a year from selling personal items may have to declare this to HMRC and pay tax on the profits, depending on whether they are considered a ‘trader’. What has changed is that digital platforms now have to automatically share some income data with HMRC.
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