Hello, I am not a professional seller, but I have made 124 sales. Under €2,000. Last year it appeared on my tax return, this year it doesn’t. Is it the same for you? Is there anything to do? Normally Vinted transmits it automatically, right? Thank you.
Hi @violona
So you are a private individual, you have made €2000 over the year.
1 You do not have to declare it to the tax authorities (You must exceed €5000)
2 Vinted does not declare the sales you have made, but will block you when you exceed a certain threshold (Moreover, for 124 sales, you must have received a message indicating that you should switch to Pro)
In correction, I believe these amounts of €5,000 and €2,000 alone do not exist for the tax authorities. If the activity is professional, it must be declared.
Apart from that, indeed, I did not see the pre-declaration of sales on Vinted (nor on Rakuten) in my tax return. Only the LBC figure appears. So I added the sales from other sites manually. I simply reported the amount declared as a sole proprietor.
Well, actually, and fundamentally, an individual should not make it a professional activity, that’s mainly it.
There’s a difference between selling your own clothes or those of your family, and buying to resell.
Buying to resell = professional activity
To protect professionals, it would be time for a real difference to exist.
Besides, when you hear individuals proudly admitting to having multiple personal accounts and doing business with them, they should be careful… The tax authorities will catch up eventually when they’re on your back
(then they’ll cry)
For the €2,000 (source on the government website).
Platforms do not report if it’s less than €2,000.
However, if it’s more than €2,000, they are obligated to do so.
The €5,000 threshold is per item and not a cumulative total.
Hello,
Yes, this is normal in some cases. DAC7 does not mean that it will necessarily appear automatically on your pre-filled tax return each year. Vinted does transmit certain information to the tax authorities, but its display can vary from one year to another depending on transmission deadlines or tax processing.
With 124 sales and less than €2,000, if it’s the resale of personal items without real profit, you are normally still considered a private individual. Below the DAC7 thresholds, there is generally nothing special to do.
However, keep your Vinted annual report and your proof just in case the administration asks for justification later.
