Vinted users could be banned from the platform starting today following a significant overhaul of its regulations. The second-hand marketplace has revised its terms and conditions, with sellers now prohibited from being able to 'delete and re-list the same item multiple times, or multiple items in bulk'.
Many Vinted sellers frequently relist products when they fail to sell in order to boost their visibility in feeds. As TikTok user Culture Force explained: 'When sellers on Vinted and eBay have items that aren't selling, a pretty simple trick is to relist the item.'
In addition, Vinted has also introduced a prohibition on third-party software and automated programs being used on the platform. This follows Vinted's decision to reverse an unpopular modification to its delivery choices last year.
Sellers had voiced concerns that they couldn't opt out of delivery methods they preferred not to offer. This resulted in purchasers being given control over selecting the postage provider. Some users argued this made Vinted more complicated to navigate - particularly if they lacked a printer but suddenly found themselves needing to produce a postage label. Vinted restored its shipping choices to their original configuration following the backlash.
Online platforms such as eBay and Vinted share their sales data with HMRC. You're permitted to earn up to £1,000 annually through additional income without being liable for tax. This is referred to as your trading allowance. Should you exceed this threshold, you might be required to report this to HMRC via self-assessment. However, if you're simply selling unwanted items from your home, it's unlikely that you'll need to pay tax on this.
You typically only need to pay tax if you're selling items with the intention of making a profit and you exceed your trading allowance. Online platforms such as eBay and Vinted share their sales data with HMRC when someone sells at least 30 items or earns €2,000 (approximately £1,700). But again, this doesn't necessarily mean you owe tax - you would only have to pay tax if you're considered to be trading. Under current rules, you need to complete a self-assessment tax form when you earn over £1,000 in additional income per tax year - but this is being increased to £3,000.
