Accessibility links

  • Skip to content
  • Accessibility Help

You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.

Click button to open menu
  • Home
  • About Us
    • About The Firm
    • Company History
    • Why Choose Us?
    • Meet the Team
    • Join the Team
    • Mission Statement
    • Corporate Social Responsibility
    • The Finnies App
  • Services
    • Services for Business
      • Overview
      • Accountancy
      • Auditing
      • Bookkeeping
      • Business Growth
      • Company Secretarial
      • Corporate Finance Services
      • Exit Planning
      • Human Resources Support
      • Payroll
      • Rescue & Recovery
      • Succession Planning
    • Services for Individuals
      • Overview
      • Retirement Planning
      • Self Assessment
      • Wealth Management
    • Tax
      • Overview
      • Personal Tax Planning
      • Corporate Tax
      • Estate and Inheritance Tax
      • Capital Gains Tax
      • HMRC Investigations
      • VAT Advice
      • International Tax
    • Cloud Accounting
      • Overview
      • QuickBooks Online
      • Xero
      • Making Tax Digital – What does it mean to me?
  • Specialisms
    • Manufacturing
    • Academies
      • Overview
      • Audit
      • Payroll Services
      • Responsible Officer Duties
    • Musicians
      • Overview
      • For You Personally
      • Incorporation of Your Business
      • Overseas Engagement
      • VAT Registration
  • Resources
    • Your business
      • Overview
      • Developing your business
      • Essentials
      • Limited companies
      • PAYE, NICs and benefits
      • Starting a business
      • VAT
    • Your money
      • Overview
      • Personal taxation
      • Savings & investments
    • Tax information
      • Overview
      • Autumn Budget
      • Spring Statement
      • Tax calendar
      • Tax rates and allowances
    • Guides
    • Tax strategies
      • Overview
      • Tax and financial strategies 2025/26
      • Strategies for your business
      • Exiting your business
      • Tax and employment
      • Planning for yourself and your family
      • Making the most of savings and investments
      • A comfortable retirement
      • Tax-efficient estate planning
    • Interactive tools
      • Overview
      • Calculators
      • Companies House forms
      • HMRC forms
      • Links
    • IRIS OpenSpace
  • Blog
    • Blog
    • Business News
    • Hot Topics
  • Contact Us
finnies
Facebook X LinkedIn Google+ YouTube
01482 861919 enquiries@finnies.org.uk

No tax changes for online sellers

  1. News
  2. Business News
  3. Archive

06 Dec 2024

People selling unwanted items online can continue to do so without any new tax obligations, HMRC has confirmed.

The reminder comes as online platforms start sharing sales data with HMRC from January 2025 – a new process that, when announced last year, generated inaccurate claims that a new tax was being introduced.

But whether selling last year's festive jumper, getting some money back for a child's outgrown baby clothes, or quietly offloading an unwanted Christmas present or two – absolutely nothing has changed for online sellers.

The new reporting requirements for digital platforms came into effect at the start of 2024. HMRC says that it is not a new tax and whether people are selling personal items on eBay, renting homes out on Airbnb or delivering takeaways through Just Eat – no tax rules have changed. 

Those who sold at least 30 items or earned roughly £1,700 or provided a paid-for service on a website or app in 2024 will be contacted by the digital platform in January to reveal their sales data and some personal information will be sent to HMRC due to new legal obligations.

Angela MacDonald, HMRC's Second Permanent Secretary and Deputy Chief Executive Officer, said: 'We cannot be clearer – if you are not trading and just occasionally sell unwanted items online – there is no tax due.

'As has always been the case, some people who are trading through websites or selling services online may need to be paying tax and registering for self assessment.'

Latest news stories

03 Sep 2025

Companies face prosecution risk as new fraud law comes into force

Companies could be prosecuted and face unlimited fines if they fail to prevent fraud that their firm profits from under a new corporate offence.

02 Sep 2025

Business confidence rises but concerns over taxes remain

Confidence amongst business leaders rose to -61 in August from -72 in July, the Institute of Directors (IoD) has found.

01 Sep 2025

Nearly 5,000 scams reported to FCA in first half of 2025

Data published by the Financial Conduct Authority (FCA) has revealed that 4,465 reports of scams were made in the first six months of 2025.

Connect with us

Facebook LinkedIn X Google+ YouTube
Copyright

© 2025 Finnies Chartered Certified Accountants. All rights reserved.

We use cookies on this website, you can find more information about cookies here.
Address
Finnies Chartered Certified Accountants, 4-6 Swaby's Yard, Walkergate, Beverley HU17 9BZ

Please call:
01482 861919

Or email us:
enquiries@finnies.org.uk

Quicklinks

Home | Contact Us | Site map | Accessibility | Legals and Disclaimer | Help |

XERO logo quickbooks.png
Reviews and Ratings for accountant Neil Tomlin, Hull