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Will there be less traders on ebay from now on?
Topic Started: Jun 23 2012, 12:57 PM (1,140 Views)
ashleyyoungFTW
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From a legal standpoint, I believe eBay has always counted as a profession, be it for a few quid or for a business, and so it should be added to any other income and taxed accordingly. However, it doesn't really matter - it's a bit like a car boot sale and so tax is never taken too seriously on there. Of course there are some people like PhilD who try to take a moral high ground but in most cases the tax is so minute (if even applicable) it's not worth chasing. eBay fees are crazy anyway so perhaps if they wanted people to pay even more on tax they could reduce those so people actually COULD make a few quid rather than ending up with nothing.
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ashleyyoungFTW
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Phild
Jun 23 2012, 02:12 PM
ashleyyoungFTW
Jun 23 2012, 01:47 PM
From a legal standpoint, I believe eBay has always counted as a profession, be it for a few quid or for a business, and so it should be added to any other income and taxed accordingly. However, it doesn't really matter - it's a bit like a car boot sale and so tax is never taken too seriously on there. Of course there are some people like PhilD who try to take a moral high ground but in most cases the tax is so minute (if even applicable) it's not worth chasing. eBay fees are crazy anyway so perhaps if they wanted people to pay even more on tax they could reduce those so people actually COULD make a few quid rather than ending up with nothing.
Please explain your comment on how I try to take the moral high ground !!!

So you approve of tax avoidance by traders ?
I wouldn't class someone selling off a spare thing they found in the loft for a few quid privately tax avoidance. Do you do car boot sales? If so, I do hope you declare everything you earn there...
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ashleyyoungFTW
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You're claiming that someone merely "making the extra few quid on the side" should have benefits removed, not just people who are "buying boxes/cases of cards to sell for profit". So for you surely there is no big difference?
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