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No Extra eBay Charges! – MoneyMagpie





Annie


third Oct 2024

Studying Time: 2 minutes

For those who prefer to promote your outdated litter on-line, eBay charges used to eat into your revenue.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 automobiles. 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 May You Make with Your Muddle?

Keep in mind HMRC Guidelines

 

What’s Modified at eBay

eBay first launched fee-free promoting for personal sellers on their vogue classes earlier this yr. The success of this trial means personal sellers can now promote something they need with out charges (besides vehicles, motorbikes, and automobiles). They’ve additionally taken a number of steps to enhance the promoting expertise and security for many who use the web 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 gadgets for correct pricing, but additionally to write down descriptions and improve pictures with ease.

Simplified Supply

What number of instances have you ever needed to promote one thing on eBay however been postpone 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 simple to ship. The customer offers 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 obtainable for assortment, skipping the supply prices altogether. The listings are nonetheless coated by eBay’s Cash Again Assure, too.

eBay Steadiness

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

How A lot May You Make with Your Muddle?

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

Issues that promote significantly effectively are:

In response to eBay, half of the UK’s households estimate they maintain between £50 to £300 of undesirable gadgets, with 1 / 4 sitting on greater than £500 of unused gadgets that might make simple 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 area of their house.

Keep in mind HMRC Guidelines

Keep in mind that if you happen to recurrently promote gadgets 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 yr.

This often doesn’t apply in case you are promoting undesirable gadgets from your personal house, irregularly. Nevertheless, if you happen to determine to make a facet enterprise flipping thrifted gadgets 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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