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eBay income

Posted Tue, 09 May 2023 14:29:28 GMT by
My sister started selling clothes on Ebay and she is doing very well. She will definitely make more than £1000 a year. I know she need to report to HMRC. How about Capital Gain Tax? She is not selling her own old clothes , she is selling new ones, I guess she doesn't need to worry about CGT, instead, she need to know how much tax she has to pay HMRC, please tell. By the way, she is a housewife and never worked before. Thanks
HMRC Admin 32
Posted Tue, 16 May 2023 10:10:45 GMT by HMRC Admin 32
Hi,

She will not be liable to Capital Gains Tax and the income will be classed as self employment.

Thank you.

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