Do I need to pay tax when I sell items on Vinted?
If you’re selling items on Vinted, you may be wondering if you need to pay any tax on your income from these sales. We explore what you need to know.
There are over 16 million people in the UK who use Vinted, a platform that enables users to buy and sell second-hand goods, including clothes, homeware, and electronics.
We explore whether you need to pay tax on anything you sell on Vinted.
You’re unlikely to pay any tax if you’re selling items casually on Vinted.
However, there are some circumstances where you may need to fill out a self-assessment form for HMRC, or have your details shared by Vinted with the taxman.
The annual trading and capital gains tax allowances can help reduce your tax bill.
Unbiased can quickly match you with a qualified accountant or financial adviser.
Do I need to pay tax if I sell items on Vinted?
If you’re casually selling items on Vinted, you’re unlikely to need to pay any tax.
You pay no tax on the money you make on Vinted over the course of a year if it’s less than what you originally paid for the items. For example, if you bought an item for £100 and sell it for £60, you do not need to pay tax.
However, you may need to pay tax if you sell an item for over £6,000 and make a profit, which means you sell the item for more than you bought it.
You can use your capital gains tax allowance (£3,000 in the 2025/26 tax year) to reduce your tax bill.
What if I’m a business seller?
If you’re a business seller who is trading for a profit (instead of selling items you no longer want), you may need to pay tax on any sales or offer proof of the items’ value to HMRC.
Everyone has a tax-free trading allowance of £1,000. If you earn more than £1,000 in a year, you should fill in a self-assessment form. You should do this, even if you don’t think you owe any tax.
Will Vinted share my information with HMRC?
Vinted says it’ll contact you if you reach the thresholds for sharing your data with HMRC, under new rules that came into effect from 1 January 2024.
These rules apply to any sales on digital platforms, such as eBay, Etsy, Gumtree, and Facebook Marketplace.
You’ll be automatically contacted if you meet one of the following criteria:
You complete at least 30 sales within the calendar year.
You sold items for at least £1,700 (€2,000 within the calendar year).
If Vinted gets in touch, you may need to fill in a seller report, although this won’t necessarily mean you’ll have to pay any tax.
You can either claim the £1,000 trading allowance to reduce your income by that amount or claim business expenses, but you cannot use both.
Vinted will pre-fill the seller form with the necessary information, including details about your balance and withdrawals. You’ll need to confirm these details and add your national insurance (NI) number or business details if you’re a Vinted Pro seller (a professional seller).
If you don’t have an NI number, you’ll need to confirm this in the form.
As Vinted pre-fills this form for you, it means you don’t need to do any calculations.
It’s worth considering consulting a qualified accountant if you need help with your taxes or figuring out whether to deduct the trading allowance or claim business expenses.
Do I need to fill in a self-assessment form?
You’ll need to fill in a self-assessment form for HMRC if you earn over £1,000, which includes self-employment, side hustles (content creation, sponsorships, etc), casual work (gardening, tutoring, etc) or selling items for a profit.
It’s important to stress there’s a difference between selling items you’re planning to get rid of and buying items for the sole purpose of generating a profit.
If you need to complete a self-assessment form, you must register with HMRC to get your unique taxpayer reference (UTR). You can complete a self-assessment form online or submit it to HMRC by post.
Confused about whether you need to fill in a self-assessment form? In this case, contact HMRC, especially if you’ve sold items you have and also earned income via a side hustle or self-employment.
It’s a good idea to keep a record of all your sales made through Vinted and other digital platforms.
Get expert financial advice
Selling items you no longer need can be a good way to earn extra income.
However, it’s important to be aware of your potential tax liabilities and understand how to minimise your tax bill by using your annual allowance.
Unbiased can quickly match you with a qualified accountant or financial adviser.
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