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    No More eBay Fees! – MoneyMagpie

    SwankyadminBy SwankyadminOctober 3, 2024 Make Money No Comments3 Mins Read
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    Annie


    third Oct 2024

    Studying Time: 2 minutes

    For those who wish to promote your previous muddle on-line, eBay charges used to eat into your revenue. Not anymore! Now, you possibly can 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 Changed at eBay

    How Much Could You Make with Your Clutter?

    Remember HMRC Rules

     

    What’s Modified at eBay

    eBay first launched fee-free promoting for personal sellers on their trend 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 automobiles). They’ve additionally taken a number of steps to enhance the promoting expertise and security for individuals who use the net 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 seek out comparable gadgets for correct pricing, but additionally to put in writing descriptions and improve images 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 client, to make it straightforward to ship. The client supplies the data on their pay as you go label for you, serving to scale 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 Steadiness

    From mid-October, sellers will be capable 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 can too 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 possibly can promote on eBay that it’s straightforward to lift lots of and even hundreds of kilos out of your undesirable stuff.

    Issues that promote notably properly are:

    Based on 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 would make straightforward cash on on-line public sale. Individuals who use eBay to clear their muddle say they achieve this to be extra sustainable and scale back waste, make more money, and clear further house of their dwelling.

    Keep in mind HMRC Guidelines

    Do not forget that should you repeatedly promote gadgets on-line, you have to to register for Self Evaluation and declare your earnings annually to HMRC should you make greater than £1000 a 12 months.

    This normally doesn’t apply if you’re promoting undesirable gadgets from your personal dwelling, irregularly. Nonetheless, should you determine to make a aspect enterprise flipping thrifted gadgets on eBay – which would require a enterprise account on the public sale website, too – you’ll have to register with HMRC.



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