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How will HMRC know if they are my own items or not?

  • Writer: David
    David
  • 5 days ago
  • 1 min read
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Don't worry...they'll know!


Even if they're not sure, they'll write and it's up to you to proven them otherwise.


How Will HMRC know?

HMRC uses something called “the badges of trade” — basically, signs that show whether you’re in business...

If you:

  • Buy with intent to sell

  • Repeat transactions regularly

  • Modify or improve items before selling

  • Promote your listings like a business

...then you’re probably trading.


AI is now doing most of the heavy lifting, so it will be tracking all your activity across platforms and Facebook etc and bringing all that information together to form a decision about you.



Don't Get Caught Out

Don't get caught out by the new tax rules!

We’ll calculate your income, costs, and taxable profit — ready for HMRC. Covering 6 April 2024 – 5 April 2025 ready for tthe next filing deadline of 31st January 2026.

 

Why sellers love it;

  • Simple: One upload, one clear report

  • Accurate: Matches HMRC tax year and rules

  • Self Select: You can self-select 'own items' or 'trading items'

  • Private: You stay in control of your data

  • Tax Efficient: Calculates all platform sales and uses best methods of lowering tax

  • Affordable: Only £39 for the full 2024/25 tax year



 

 
 
 

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