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International Business Times UK

Vinay Patel

UK Etsy, eBay, and Vinted Sellers Beware: HMRC Cracking Down On Businesses Earning £1700 And More

HMRC Vinted eBay Etsy United Kingdom

HMRC is cracking down on online sellers, requiring platforms like eBay and Vinted to share data on those earning over £1,700 annually. (Credit: Pexels)

UK sellers on platforms like Etsy, eBay, and Vinted are under heightened scrutiny as HMRC enforces stricter tax regulations. With a new rule requiring online marketplaces to report sellers earning over £1,700 annually, many are racing to meet self-assessment obligations and brace for potential tax bills.

This month, a new deadline requiring online marketplaces like Vinted and eBay to share sellers' profits with HMRC takes effect, potentially leaving more users facing unexpected tax bills.

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