EBay wanting N.I Number
Discussion
Just wondering has anyone had the notification from eBay that you must give them your national insurance number otherwise they will put a hold on your payouts ?
Is everyone giving them theirs ?
I was always told not to give out your N.I number apart from to your place of work ?
Thanks
Is everyone giving them theirs ?
I was always told not to give out your N.I number apart from to your place of work ?
Thanks
mphJ said:
Just wondering has anyone had the notification from eBay that you must give them your national insurance number otherwise they will put a hold on your payouts ?
Is everyone giving them theirs ?
I was always told not to give out your N.I number apart from to your place of work ?
Thanks
If you go over a certain amount in sales they have to start reporting to HMRC.Is everyone giving them theirs ?
I was always told not to give out your N.I number apart from to your place of work ?
Thanks
It's taxable income.
I have done it and cannot see any issue with it
I did ask the question in this thread; https://www.pistonheads.com/gassing/topic.asp?h=0&...
I did ask the question in this thread; https://www.pistonheads.com/gassing/topic.asp?h=0&...
K87 said:
Is there something as widespread and international as eBay that doesn't ask for your NI number?
Gumtree is exempt as it doesn't facilitate payments.Ebay, vinted, Airbnb, depop, Amazon marketplace are all required to share data with HMRC.
https://www.gov.uk/government/news/information-for...
GiantEnemyCrab said:
I wonder if you got one digit wrong whether eBay would care or notice 
I suppose there's one way to find out.
It looks from this like NI numbers don't have a checksum but there are some formatting rules and numbers to avoid.
https://www.gov.uk/hmrc-internal-manuals/national-...
Also, they call NI numbers "NINOs" which I find amusing.
CraigyMc said:
If you go over a certain amount in sales they have to start reporting to HMRC.
It's taxable income.
Surely if you are selling off your own items for a loss that’s not taxable?It's taxable income.
Say you bought a car for £10k and sold it a year later for £9k there is no tax due?
Or if you had amassed a collection of DIY tools over the years and sold them off individually as no longer needed, there’s no tax due?
StuntCock said:
CraigyMc said:
If you go over a certain amount in sales they have to start reporting to HMRC.
It's taxable income.
Surely if you are selling off your own items for a loss that s not taxable?It's taxable income.
Say you bought a car for £10k and sold it a year later for £9k there is no tax due?
Or if you had amassed a collection of DIY tools over the years and sold them off individually as no longer needed, there s no tax due?
At what point though do they determine if you’re selling off your own unwanted items vs selling items as a business ? Seems to be a bit of an unclear grey area
For example, if I’m selling 100 DVD’s individually , how do they determine whether that’s just my collection I’m selling off vs that I’m selling them off for a profit as part of a side business ?
For example, if I’m selling 100 DVD’s individually , how do they determine whether that’s just my collection I’m selling off vs that I’m selling them off for a profit as part of a side business ?
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