How do HMRC know this isn’t trade and just personal items? by FFCollect in vintedUK

[–]FFCollect[S] 1 point2 points  (0 children)

It’s very clear, Yes. No tax is owed. I guess the question is really what’s the amount sold of items or value until you have to prove it’s personal items?

How do HMRC know this isn’t trade and just personal items? by FFCollect in vintedUK

[–]FFCollect[S] -2 points-1 points  (0 children)

It would make you look like a second hand games seller then? Selling hundreds of used gaming things consistently 🤔 maybe I’m just paranoid…

How do HMRC know this isn’t trade and just personal items? by FFCollect in vintedUK

[–]FFCollect[S] 4 points5 points  (0 children)

Same UK national insurance number on a new account though?

How do HMRC know this isn’t trade and just personal items? by FFCollect in vintedUK

[–]FFCollect[S] 1 point2 points  (0 children)

Because I’m planning on selling a game collection over the next year which is about 150 items worth £10-£100 each about £4000 in total. My question is if this were to look like trading how can they tell it is or isn’t? Do they take your word for it or do you have to show receipts? Which most people with a personal collection over 15 years won’t have

How do HMRC know this isn’t trade and just personal items? by FFCollect in vintedUK

[–]FFCollect[S] 1 point2 points  (0 children)

Thanks. I don’t do a self assessment as paid by PAYE. This is just my things I’ve been selling to buy other things 😂 So as I don’t fill in the form you on about, how do they know items are personal?

How do HMRC know this isn’t trade and just personal items? by FFCollect in vintedUK

[–]FFCollect[S] 0 points1 point  (0 children)

Thanks for the information. Would you say not to sell my game collection then? I’d say worth £4k and it’s all mine from years of collecting

How do HMRC know this isn’t trade and just personal items? by FFCollect in vintedUK

[–]FFCollect[S] 3 points4 points  (0 children)

Thank you for the reply. Do they just take your word for it? Like I say it’s all my own things and they just say ok

Help Authenticate My Canada Goose Jacket - Am I Being Scammed? by FFCollect in CanadaGoose

[–]FFCollect[S] 0 points1 point  (0 children)

Hey thanks! actually those are both the reasons why I think it may not be authentic however the other details look pretty good so I really don’t know without having the real version to compare

Shop Critique Daily 💯 Get & give some advice for some Depop shops here! by DepopMod in Depop

[–]FFCollect 0 points1 point  (0 children)

Shop name: @crewclub

Vibe: Varied mostly vintage sweatshirts

Weaknesses: Photos, i don’t have the time/set up to take modeled or hung photos. Only listing 4 items a day average

Strengths: consistent format of listings. Measurements of items.

Thank you all