45557347

Vinted’s New Rule Change Starting Monday Could Impact Sellers

Second-hand marketplace Vinted is rolling out new rules starting Monday, September 8, which could significantly affect sellers on the platform. The updated terms and conditions introduce a clause prohibiting sellers from “deleting and re-listing the same item multiple times or multiple items in bulk.” This move targets a common tactic used by many Vinted users who relist unsold items to boost visibility.

TikTok creator Culture Force criticized the update, calling it unfair to sellers. He explained that relisting unsold items is a simple and widespread strategy on platforms like Vinted and eBay to increase chances of sale.

In addition, Vinted is banning the use of third-party software and automated programs to manipulate listings, reinforcing the platform’s effort to maintain fair usage policies.

READ MORE: Back Garden Death in Trowbridge Deemed Non-Suspicious by Detectives

READ MORE: Major Somerset A-Road Closed Following Crash

This change follows a backlash over last year’s unpopular adjustment to Vinted’s postal options. Users had complained about being forced to offer specific courier services and the inconvenience of producing shipping labels, especially for those without printers. After customer protests, Vinted reverted to its original postage arrangements.

Regarding taxes, sellers should be aware of current guidelines. You can earn up to £1,000 a year tax-free from side hustles due to the trading allowance. If your earnings exceed this, you may need to report income via self-assessment to HMRC. Selling personal unwanted items usually doesn’t count as taxable income unless you’re selling with the intent to make a profit.

Platforms like Vinted and eBay report sales data to HMRC for sellers moving at least 30 items or earning over €2,000 (around £1,700). However, this doesn’t automatically mean you owe tax—only those considered trading must pay taxes.

New rules will raise the tax-free reporting threshold from £1,000 to £3,000 by 2029. Below this, sellers will complete a simple online form to declare earnings. The tax rates remain unchanged; only the reporting process will be simplified.

Sellers using Vinted should review these new rules carefully to avoid potential restrictions and ensure compliance with tax regulations.

SUBSCRIBE FOR UPDATES


No spam. Unsubscribe any time.