Sell items for less than you bought them for?
There’s no tax to pay.
Why aren’t your sales taxed?
We’re here to add clarity regarding new HMRC requirements. In general, there's no impact on Vinted members' taxes, as selling your personal items is not taxed in the UK.
Get the facts
Is the price of your single item below £6,000?
There’s no tax to pay.
Is your yearly profit (capital gain) below £3,000?
There’s no tax to pay.
Will you have to prove this?
There’s essentially no chance.
Generally, only business sellers are likely to have to prove anything.
Good to know:
It’s mainly business sellers trading for profit might need to pay tax.Examples
Jane, London
Declutters wardrobe occasionally
Yearly Vinted income£350
Yearly Vinted profit£0
Taxes owed£0
Why is there no tax to pay?
Jane sells clothes for less than she paid for them.
Let’s say you bought a shirt for £30 and sold it for £29 – you made no profit, so there is no tax.
Kate, Brighton
Sells authentic luxury items
Yearly Vinted income£5,500
Yearly Vinted profit£1,000
Taxes owed£0
Why is there no tax to pay?
Kate sells pricey items for less than £6,000 each.
Imagine you sold a luxurious watch for £5,999 and not a single pound more – there is no tax.
Matt, Liverpool
Sells authentic luxury items
Yearly Vinted income£20,000
Yearly Vinted profit£2,990
Taxes owed£0
Why is there no tax to pay?
Matt uses the capital gains tax-free allowance that covers profit.
Even though he earns £20,000 a year and makes a profit, he uses the tax-free allowance of £3,000, so there is no tax.
Need anything else?
Do I have to do anything now?
If you don't hear from us, you don’t need to do anything! You’re all set to Keep selling on Vinted.
Good to know
Generally, only business sellers trading for profit might need to pay tax.