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Friday, October 18, 2024

No Extra eBay Charges! – MoneyMagpie





Annie


third Oct 2024

Studying Time: 2 minutes

If you happen to prefer to promote your outdated litter on-line, eBay charges used to eat into your revenue.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 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 trend classes earlier this yr. The success of this trial means non-public sellers can now promote something they need with out charges (besides automobiles, 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 website.

Simplified Promoting

The promoting course of is now a lot simpler than earlier than, with AI-tools aiding sellers not solely to search out related objects for correct pricing, but additionally to jot down descriptions and improve pictures with ease.

Simplified Supply

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

For native listings, eBay has improved its person expertise to search out listings solely native to you obtainable for assortment, skipping the supply prices altogether. The listings are nonetheless lined 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 location. This simplifies using the location 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 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 a whole lot and even hundreds of kilos out of your undesirable stuff.

Issues that promote significantly properly are:

In response to 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 more money, and clear additional house of their dwelling.

Keep in mind HMRC Guidelines

Do not forget that should you often promote objects on-line, you will want to register for Self Evaluation and declare your earnings annually to HMRC should you make greater than £1000 a yr.

This often doesn’t apply in case you are promoting undesirable objects from your individual dwelling, irregularly. Nonetheless, should you determine to make a facet enterprise flipping thrifted objects on eBay – which would require a enterprise account on the public sale website, too – you’ll must register with HMRC.



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