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Actual profit regarding tax returns

I’m not the most knowledgeable person in relation to actual profit and net profit. Net profit on eBay is after eBay fees but most of what I’m selling on eBay I’m only making between 10% and 20% profit on my items after buying costs. How do I fill my UK tax return l’m a little confused so any help most welcome. I’m happy to pay my tax but don’t want to be out of pocket.

Thank you and Happy New Year 

 

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Actual profit regarding tax returns

Since this board is primarily US sellers.........suggest you post on the UK board..........  I strongly suspect (lol), the taxes are handled differently.

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Actual profit regarding tax returns

Since this board is primarily US sellers.........suggest you post on the UK board..........  I strongly suspect (lol), the taxes are handled differently.

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Actual profit regarding tax returns


Hi, You're on ebay.com, which is the US site. As noted in the other post, you'll get better replies if you go to

https://community.ebay.co.uk/

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Actual profit regarding tax returns

Thank you 

how do I delete my message ?

HNY 

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Actual profit regarding tax returns

Use the "Report inappropriate content" link to explain the situation to the board mods.  Use the little down-arrow in a circle at the top-right of your post.

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Actual profit regarding tax returns

Hi everyone,

 

This thread has been closed at the request of the OP.

 

Thank you for understanding.

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