TAX INFORMATION FOR UK 🇬🇧
✅ For those who are asking if you need to register to pay tax if you made £1,000 on eBay? If your total income from eBay sales is £1,000 or less in a tax year → NO, you does NOT need to register or pay tax. This is because of the UK Trading Allowance (£1,000 tax-free allowance). For those in uk 🇬🇧 ✅ If your sales are over £1,000 Then you must register for Self-Assessment with HMRC and report to report your income. About the eBay money — if you made up to £1,000 in total sales within the tax year, you don’t need to pay tax or register with HMRC. This is because of the UK’s £1,000 Trading Allowance, which lets you earn up to £1,000 from side income tax-free. But if your eBay sales go over £1,000, even by a little, then you will need to and they don't really take much or nothing sometimes depending on what you will answer on the form. 1️⃣ Register for Self-Assessment with HMRC 2️⃣ Report your earnings 3️⃣ Pay tax only on the amount above £1,000 It’s simple and nothing to worry about — I can help you check your total or guide you step-by-step if you need to register. For those in the uk 🇬🇧