Many people in the UK sell personal items online or at car boot sales. And some have started asking ‘do I have to pay tax on selling personal items?’ The answer depends on what you’re selling and how often. Do I Have to Pay Tax on Selling Personal Items for Less Than I Paid? If […]
Category Archives: Self Assessment Tax
11
Mar
Mar
To ensure you know how to prepare for the New Tax Year 2025 here are a few things to consider Review Your Financial Situation Now is a great time to look over your finances and see if there are any tax-saving opportunities or adjustments you can make before the new tax year begins. If you’re […]
25
Feb
Feb
Selling clothes online can be a fun and profitable way to earn extra income, whether you’re clearing out your wardrobe, selling handmade items, or running a full-scale business. However, one of the most important questions many online sellers ask is: “Do I have to pay taxes if I sell clothes online?” In the UK, the […]
14
Feb
Feb
As an online seller on platforms like Etsy, it’s important to understand your tax obligations and how HMRC (Her Majesty’s Revenue and Customs) views your earnings. One common question many Etsy sellers have is: “Do Etsy inform HMRC?” The answer to this question is not entirely straightforward, but it’s important to know the responsibilities you […]
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How much can you sell online before paying tax in the UK?
29
Jan
Jan
In recent years, selling goods online has become a popular way to earn extra income. Whether through platforms like eBay, Etsy, or Facebook Marketplace. And, because of this, lots of people now ask “How much can I sell online before paying tax in the UK?” The answer depends on a few factors, including how much […]
23
Jan
Jan
If you’ve been selling clothes or other items on Vinted, you might be wondering, “Do I need to tell HMRC about my Vinted income?” The answer depends on a few factors, including how much you’re earning and whether it’s considered a business activity. In this post, we’ll help you understand your tax obligations when using […]
16
Jan
Jan
We’ve had lots of enquiries recently with people asking us ‘Do I need to report my online income?’ And we’ve helped them with that so we thought we’d create this post to help you. In today’s digital age, many people in the UK are earning extra income from online platforms. Whether it’s selling products on […]
09
Jan
Jan
If you’re self-employed or earn income outside of PAYE, you’ve likely asked: “How do I pay my Self Assessment?” In this guide, we’ll walk you through the process step by step, ensuring you meet HMRC’s deadlines and avoid penalties. How do I pay my Self Assessment? Step 1: Complete Your Tax Return Before making a […]
26
Feb
Feb
Managing your finances effectively is crucial for the success and sustainability of your business. When working for yourself, a key aspect of that is understanding and taking advantage of allowable expenses. In this blog post, we’ll delve into the world of allowable expenses for the self employed, helping you navigate the complexities of the UK […]
19
Feb
Feb
‘What travel expenses can I claim?’ is a question we’re often asked by clients So we thought we’d write this post to help you understand the answer to that very question. What travel expenses can I claim? Traveling for business or work-related purposes often involves a myriad of expenses, and understanding what you can legitimately […]
