InForaPennyinForaPound
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RE: Confusion over HMRC rules and Ebay and NIN
This is an extremely unsatisfactory and unhelpful answer, considering the purpose of the HMRC Customer Forums. My query can be construed as a general enquiry, as proven by other questions on this forum similar to mine that HAVE been answered. Ii am not asking for specific advice tailored to my individual circumstance, rather, someone who would be in a SIMILAR situation: ****Do 'private sellers' on eBay clearing out their homes/attic and selling unwanted items using eBay have to under law and directed by HMRC disclose to eBay their national insurance number?**** The information provided in the HMRC links do not help — indeed, it seems to contradict itself — and therefore the HMRC Customer Forums are there for that very purpose — to answer where the links and information cannot. Could you please forward to someone who is able to help ASAP? -
RE: Confusion over HMRC rules and Ebay and NIN
Thank you for your response. However, I had already checked ALL information, including that shown in the link you provided, by HMRC and it didn't help at all. Hence, why I asked this question a week ago. Please clarify (that is what I assume this forum was intended for) ASAP. -
Confusion over HMRC rules and Ebay and NIN
I have just been told by the online marketplace eBay that if I do not give them my national insurance number — as requested by HMRC rules — then my funds from items sold will be frozen, not paid out to me, and my account with them jeopardised. This is alarming, years ago, the government told ALL UK citizens not to divulge our national insurance number (NIN). More importantly, perhaps, I am NOT a registered business'seller' but rather a private one having a huge clear-out your attic and selling unwanted items using eBay — I think I have sold so far around 31 items in the past tax year. Please clarify HMRC rules and my obligations with regard to the above. -
RE: Tax & Savings Interest -- what is the maximum interest from savings BEFORE needing to pay tax?
Thank you. -
Tax & Savings Interest -- what is the maximum interest from savings BEFORE needing to pay tax?
Hello there I wonder if you would clarify something (I have checked ALL of the guidance and help pages on HMRC and am none the wiser, hence this post): My wife has no paid employment, no state pension (not for a few years yet) and doesn't claim any benefits. This tax year she has taken a gross income from her private pension of £13,500.00 — which *includes* a tax-free amount of £2,750.00. She doesn't intend to draw any more income from her private pension this tax yer. How much may she earn in interest before having to pay income tax, please? -
RE: Maximum Savings Interest before I need to pay tax
Hello there I wonder if you would clarify something (I have checked ALL of the guidance and help pages on HMRC and am none the wiser, hence this post): My wife has no paid employment, no state pension (not for a few years yet) and doesn't claim any benefits. This tax year she has taken a gross income from her private pension of £13,500.00 — which *includes* a tax-free amount of £2,750.00. She doesn't intend to draw any more income from her private pension this tax yer. How much may she earn in interest before having to pay income tax, please? (I find the £5,000.00 'starting rate' and the extra £1,000.00 scenarios confusing. I am just looking for as straight an answer as possible, please.)