Commentary

B5.665A Online traders—overview

Business tax
Business tax | Commentary

B5.665A Online traders—overview

Business tax | Commentary

Online traders

B5.665A Online traders—overview

For the latest New Development, see ND.1624.

Buying and selling through online platforms can in many cases be trading1, though selling some unwanted items occasionally with no plan to make a profit is unlikely to be so2. See Division B1.4 for rules to identify whether there is a trade. The £1,000 trading allowance (see B2.113) was, in part, introduced to cater for internet sellers who make small annual profits as it avoids the need for them to register for self-assessment where there is no other requirement to do so.

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