Frunkstar
Grand Master
I think it's down to a couple of reasons -
1 - being they are missing out, a lot of folks no longer use ebay due to various reasons, some have been stated above.
2 - lots of folks are now using other platforms for sale like marketplace/vinted &&& there are a lot of other options now which there was not a few years ago
3 - Money in the bank & the interest they earn on sitting on your funds, which was also mentioned above
4 - the new earnings cap of 1k rather than 2k, go over that figure & HMRC will be wanting to know everything & that as has been stated above can be a huge headache if you don't have everything recorded in finite detail.
5 - implementing fees on the buyer
It's certainly a step in the right direction for the occasional seller just trying to get rid of a few bits now & then
1 - being they are missing out, a lot of folks no longer use ebay due to various reasons, some have been stated above.
2 - lots of folks are now using other platforms for sale like marketplace/vinted &&& there are a lot of other options now which there was not a few years ago
3 - Money in the bank & the interest they earn on sitting on your funds, which was also mentioned above
4 - the new earnings cap of 1k rather than 2k, go over that figure & HMRC will be wanting to know everything & that as has been stated above can be a huge headache if you don't have everything recorded in finite detail.
5 - implementing fees on the buyer
It's certainly a step in the right direction for the occasional seller just trying to get rid of a few bits now & then