{"id":31028,"date":"2024-01-05T17:29:58","date_gmt":"2024-01-05T17:29:58","guid":{"rendered":"https:\/\/taxfix.com\/en-uk\/?p=31028"},"modified":"2026-02-02T17:12:22","modified_gmt":"2026-02-02T17:12:22","slug":"does-hmrc-check-vinted","status":"publish","type":"post","link":"https:\/\/taxfix.com\/en-uk\/self-employed-tax-returns\/does-hmrc-check-vinted\/","title":{"rendered":"Does HMRC check Vinted?"},"content":{"rendered":"<\/div> \n\n
\n \n
\n\n \n

Hey, have you sorted your tax return yet?<\/h2>\n\n \n \n
\n

Avoid costly mistakes and let Taxfix take care of it for you. Our UK-accredited accountants make filing quick and stress-free, starting from just \u00a3119.<\/span><\/p>\n<\/div>\n <\/div>\n\n \n \n

\n\n Start<\/a>\n\n\n <\/div>\n\n \n <\/div>\n<\/div> \n\n
\n\n\n\n\n

If you\u2019re a fan of the online second-hand selling platform, then this question has probably been on your mind this past few months \ud83e\uddd0<\/p>\n\n\n\n

To answer it – yes, they do now! <\/p>\n\n\n\n

But, it\u2019s not quite as scary as it sounds. So, let\u2019s chat \ud83d\udc47<\/p>\n\n\n\n

Do I have to declare my Vinted earnings?<\/h2>\n\n\n\n

It should come as no surprise when we tell you that HMRC<\/a> aren\u2019t interested in browsing through second-hand Levi\u2019s jeans. No, the only thing they\u2019ll be browsing are your sales! \ud83d\udecd\ufe0f<\/p>\n\n\n\n

Why? Well, to crack down on tax evaders! \ud83d\udea8 So, yes, you do have to declare your Vinted earnings. When you earn any \u201cextra\u201d income (like selling items through online platforms such as Vinted) you may have to declare and pay tax<\/a>.  <\/p>\n\n\n\n

But, this isn\u2019t always the case. So, sustainable Sallys, fear not! \ud83d\ude05<\/p>\n\n\n\n

When do I have to declare my Vinted earnings? <\/h2>\n\n\n\n

Now, this is the important bit if you want to avoid a fine from HMRC! <\/p>\n\n\n\n

You have to declare and pay tax on profits<\/a> higher than \u00a31,000. Perhaps, if you have some very high-end items, this doesn\u2019t sound like a lot. <\/p>\n\n\n\n

But, thy key word here, which we can\u2019t stress enough, is profits! \u2728<\/p>\n\n\n\n

You\u2019re only liable to pay tax on your profits. Not income, not sales, not transactions. Just the good old\u2019 profits. <\/p>\n\n\n\n

It is confusing though, so let\u2019s explain. <\/p>\n\n\n\n

You\u2019ll only make a profit, if you sell your items for more than you originally bought them. <\/p>\n\n\n<\/div> \n\n

\n
\n

Let\u2019s say you bought a pair of Nike airforces for \u00a360 back in the day ( if you were lucky – inflation \ud83d\ude22).<\/p>\n

<\/p>\n

Anyway, now you\u2019ve got your use out of them and you\u2019ve moved onto bigger and better things (cough cough New Balances). So, you sell them for \u00a320 on Vinted.<\/p>\n

<\/p>\n

The thing is, you won\u2019t be making any profit. You\u2019re actually making a \u00a340 loss. We know, you don\u2019t care, you just wanted some extra cash. And luckily, HMRC won\u2019t care either, as they are only interested in those that are profiting \ud83e\udd14<\/p>\n

<\/p>\n

However, HMRC do care about resellers who aren\u2019t declaring their large profits \ud83d\ude20<\/p>\n

<\/p>\n

– those for whom selling is their main source of income, and they\u2019re buying things (likely wholesale) specifically to sell.<\/p>\n

 <\/p>\n

<\/p>\n\n <\/div>\n<\/div> \n\n

\n\n\n\n\n

But, as always, there\u2019s more to it than that. So let\u2019s talk figures.<\/p>\n\n\n\n

What\u2019s the trading allowance? <\/h3>\n\n\n\n

The trading allowance<\/a> is a \u00a31,000 tax-free amount. You can reduce your tax liability by claiming this allowance against any self-employed<\/a> profits, including Vinted sales \ud83d\ude09 <\/p>\n\n\n\n

So, if you earn under \u00a31,000 in Vinted profits, you won\u2019t need to declare it to HMRC! <\/p>\n\n\n\n

When you earn more than \u00a31,000, you can claim the trading allowance on your tax return.<\/p>\n\n\n\n

This means you only pay tax on your profits that exceed this tax-free amount. <\/p>\n\n\n\n

To figure out how much you may owe, check out our calculator for second-hand sellers below. <\/p>\n\n\n

<\/div>\n\n
\n\n
\n\n\n
\n \n\n