Will you be taxed for selling on Vinted?
If you’ve been spooked by the news that you may have to shell out to HMRC for selling your old wardrobe items via the likes of Vinted or eBay, before you panic, here’s what you need to know.
WHAT IS THE SIDE-JOB TAX?
When you make extra cash by doing something beside your main job, you may be liable for tax. This could be anything from selling handmade candles to dog walking.
WHAT HAS CHANGED?
When you make extra income, you have to declare earnings over £1,000 to HMRC by completing
