Online sellers reminded of tax

Posted on 17 Oct 2013
Share Blog Post

 Online sellers reminded of tax

Britons who make money from selling online have been reminded of their tax obligations, after figures showed 7.5m people earn on average £360 a month from a side business. Home traders can sell up to £1,000 of items a year on sites such as eBay without paying tax on their profits. Sarah Ghaffari, technical tax manager at the ICAEW, said the allowance also applies to selling items in a car boot sale, baking and selling cakes, and offering services such as accountancy and DIY.

Source:   Daily Express 

View more blog posts

NIC hammer blow
Posted on 23 Jun 2025
NIC hammer blow
read more
Youth mobility scheme
Posted on 21 May 2025
Youth mobility scheme
read more
Businesses unaware of MTD
Posted on 14 May 2025
Businesses unaware of MTD
read more
Two tier tax system introduced
Posted on 07 May 2025
Two tier tax system introduced
read more
Back To Top
01604 660661