selling on ebay

Hi Redragon88 Price,
Please refer to:
Selling online and paying taxes - information sheet
Thank you. 
 

Is there a limit on what can be sold as personal items (non-profit) in terms of quantity and value? As this is not in your link.

Hi Fantree,
Please have a look here:
Capital Gains Tax on personal possessions
Thank you. 

 

Admin 25, the link you sent is for gains/profits/capital gains! Question: If I were to sell my personal items for around £16K, around £2K apiece over the months (no gains, no profits, just some of my personal equipment that I use for my hobby), I need not declare this; is that correct or not? Please don't respond with a link.

Hi,

We cannot comment on any form of example or scenario, whether fact or fiction. We can only point you the direction of the guidance, so that you can review the guidance and to allow you to make an informed decision

Thank you.

Hi @HMRC Admin 32, Thanks for your response. Is this a new policy? I see that there are many questions with scenarios from other members, yet I receive this response... I'm confused... Is there someone or a team from HMRC that I can ask for advice so that I don't get into trouble for selling my personal items? Thank You.

Admin 32, ((I have rephised the question)) Can I sell my personal items for around £16K, around £2K apiece over the months (no gains, no profits, just some of my personal equipment that I use for my hobby), I need not declare this; is that correct or not? Please don't respond with a link. Thank you.

No need to respond to my last question. I now have all the information I need after a phone call with hmrc. Thank you.

Hi
We cannot comment on scenarios.  We can only provide capital gains guidance, through links, so that you can make an informed decision.

Hi, I have sold over nearly over £1000 in sales on eBay but at an overall loss so I am in the minus no profit. Do I still have to declare this?

Hi,

You can see guidance here:

Selling online and paying taxes - information sheet

Thank you.

Hi, i've resold items on ebay for a sum larger than £1000. However i have no other job and do not make more than 12K. Would i still have to pay tax? Thank you.

Hi,
You can see guidance here:
Selling online and paying taxes - information sheet
Thank you.

Hi, I am selling my comic book collection. I am not a business and I will not be buying more to continue selling later. I am a private seller but will be making well over £1000 if they all sell. Do I need to pay tax or fill out a self assessment?

Hi,
Please refer to guidance at:
Check if you need to tell HMRC about your income from online platforms
Thank you

Hello admin, I was wondering when this £1000 resets? Is this in January or at the end of the financial year (April 1st). Thanks

Hi,
Please see:
Check if you need to tell HMRC about your income
This advises: 
When you are telling HMRC about your income, you will need to report the income for the tax year, which is from 6 April to 5 April the following year.
Some online platforms will show your income for the calendar year, from 1 January to 31 December. If this is the case you will need to work out the income for the tax year before using the tool.
Thank you.