Does anyone know if there are any tax implications with selling personal used items on Ebay? Not a second-hand buisiness that sources items and then resells then online, just stuff from decluttering or clear-outs of unused things. Thanks
If you're selling what they class as 'wasting chattel', second hand cars or your old stereo/phone, then no there are no tax implications. If you're selling secondhand items that would incur a sizeable gain then you're into CAT as mentioned above. But even then there's a €2500ish exemption limit i.e. anything below €2500 would be exempt. You would have to be making a business of buying and selling to incur any income tax and/or VAT liability.
Also just to add... You will lose 10-15% with Ebay in fees so, if you are in Ireland, I'd recommend adverts.ie as it's free to list and there are no seller/buyer fees
Also just to add... You will lose 10-15% with Ebay in fees so, if you are in Ireland, I'd recommend adverts.ie as it's free to list and there are no seller/buyer fees
100% use Adverts or Donedeal or even Facebook marketplace before Ebay. Ebay can be great for selling but you'll usually take a bit of a % hit, both from ebay & paypal. Sometimes if you have something you know is worth something, ebay is the place for it....sometimes easier to sell at the price you want rather than haggling on adverts. I generally put it up on all sites then when it goes just remove it from the others!