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No Extra eBay Charges! – MoneyMagpie





Annie


third Oct 2024

Studying Time: 2 minutes

For those who wish to promote your outdated litter on-line, eBay charges used to eat into your revenue. Not anymore! Now, you’ll be able to promote fee-free throughout all classes besides motor autos. This might save sellers an enormous chunk of money over time. eBay additionally introduced additional steps to make promoting on-line for personal sellers simpler – right here’s the lowdown.

What’s Modified at eBay

How A lot Might You Make with Your Litter?

Keep in mind HMRC Guidelines

 

What’s Modified at eBay

eBay first launched fee-free promoting for personal sellers on their style classes earlier this 12 months. The success of this trial means non-public sellers can now promote something they need with out charges (besides automobiles, motorbikes, and autos). They’ve additionally taken a number of steps to enhance the promoting expertise and security for individuals who use the net public sale web site.

Simplified Promoting

The promoting course of is now a lot simpler than earlier than, with AI-tools aiding sellers not solely to seek out related objects for correct pricing, but additionally to put in writing descriptions and improve photographs with ease.

Simplified Supply

What number of occasions have you ever needed to promote one thing on eBay however been delay by the postage course of and prices? Now, sellers can use a tracked and totally insured supply service at aggressive charges – pay as you go by the customer, to make it straightforward to ship. The customer gives the data on their pay as you go label for you, serving to cut back the danger of vendor error.

For native listings, eBay has improved its person expertise to seek out listings solely native to you out there for assortment, skipping the supply prices altogether. The listings are nonetheless coated by eBay’s Cash Again Assure, too.

eBay Stability

From mid-October, sellers will have the ability to use their eBay steadiness for their very own purchases on the positioning. This simplifies using the positioning as a non-public vendor and a purchaser, particularly as you can even use your eBay Stability for enhanced listings or to purchase supply labels, too.

How A lot Might You Make with Your Litter?

How lengthy is a bit of string?! There are such a lot of issues you’ll be able to promote on eBay that it’s straightforward to boost lots of and even 1000’s of kilos out of your undesirable stuff.

Issues that promote significantly nicely are:

In accordance with eBay, half of the UK’s households estimate they maintain between £50 to £300 of undesirable objects, with 1 / 4 sitting on greater than £500 of unused objects that would make straightforward cash on on-line public sale. Individuals who use eBay to clear their litter say they accomplish that to be extra sustainable and cut back waste, make extra cash, and clear additional house of their dwelling.

Keep in mind HMRC Guidelines

Keep in mind that if you happen to recurrently promote objects on-line, you have to to register for Self Evaluation and declare your earnings annually to HMRC if you happen to make greater than £1000 a 12 months.

This often doesn’t apply if you’re promoting undesirable objects from your individual dwelling, irregularly. Nonetheless, if you happen to resolve to make a facet enterprise flipping thrifted objects on eBay – which would require a enterprise account on the public sale web site, too – you’ll must register with HMRC.



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