Marrow Hill: Side Hustle Tax

Do I pay tax on Vinted, eBay and Etsy sales?

Most people clearing out their wardrobe pay no tax. Things change if selling becomes a business.

Usually not taxable

Usually counts as trading

What to do if you are trading

  1. Keep a record of every sale and every cost, with dates.
  2. If total income is under £1,000 for the tax year, it is generally covered by the trading allowance.
  3. If it is over, register for Self Assessment by 5 October after the tax year.

Records to keep

Sale date, platform, amount received, fees, postage and the cost of the item or materials. A simple spreadsheet is enough.

See do I need to tell HMRC? or use the free checker.

Want this done for you?

The UK Side Hustle Tax Tracker (Excel, £9) keeps your income, expenses and mileage in one place and shows whether the £1,000 allowance or actual expenses is better for you. Or get it with a fee calculator and security guide in the Starter Bundle (£19).