Martin Lewis warns Vinted and Ebay sellers they have days to act | Lifestyle



Martin Lewis has warned some Vinted and eBay users that they have days before a new HMRC deadline comes into effect.

The Money Saving Expert founder issued the notice on his latest ITV special on Tuesday, 28 January.

Lewis explained that the selling platforms — as well as Airbnb, Uber, and similar services — began collecting data on earnings last year, and now have to start sharing the data with HMRC by Friday.

Data will only be reported if users make more than 30 sales of goods or make more than about £1,700 in a calendar year. This does not automatically mean that you owe tax.

Lewis added that tax is only due for traders who deliberately purchase or repair items to sell for a profit.

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    Muhammad Umair is a passionate content creator, web developer, and tech enthusiast. With years of experience in developing dynamic websites and curating engaging content, he specializes in delivering accurate, informative, and up-to-date articles across diverse topics. From gaming and technology to crypto and world news, Umair's expertise ensures a seamless blend of technical knowledge and captivating storytelling. When he's not writing or coding, he enjoys gaming and exploring the latest trends in the tech world.

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