Taxes: do you have to declare your sales income on Vinted?


The 2023 income declaration campaign began on April 11, 2024. However, a question arises for those who sell items on Vinted: should the income obtained on the platform be declared? Our colleagues from Numerama clarify the situation.

Vinted declaration: several scenarios

Vinted

Vinted is a second-hand products sales platform that connects individuals in France, but also in other European countries for the sale of clothing, toys, books, etc.

  • Version :
    24.7.0
  • Downloads:
    337
  • Release date :
    04/15/2024
  • Author :
    Vinted
  • Licence :
    Free license
  • Categories:

    Shopping

  • Operating system :

    Android, Online service, iOS iPhone / iPad

Taxation on your Vinted sales is not systematic. If you sell products to get rid of them, like many users, no taxation. Except for precious metals or sales above €5,000, automobiles, furniture and household appliances are not affected.

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In the case of a professional activity, that is to say the purchase of products to resell them on Vinted and generate income, there is a tax depending on the amount of your annual income with a threshold set at €176,200 .

For sales of products other than precious metals or jewelry below €5,000 in 2023, you are not taxable. Otherwise, that is to say if you have sold more than €5,000 worth of precious metals, precious objects or jewelry, you must complete form 2091. The capital gains regime can also be chosen as taxation under certain conditions to be found at this address.

If you have exceeded €5000 for other items apart from “furniture, household appliances or automobiles”you are subject to “tax regime for capital gains on the transfer of movable property at the rate of 19%”. Form 2048-M must be completed to pay “the tax relating to capital gains“.

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Technical issues to take into account

If you have carried out more than 20 transactions on Vinted or have obtained €3,000 through your sales, the platform takes care of declaring it to the tax authorities itself.

As stated CapitalBercy warns that “technical difficulties did not allow us to trace in the income declarations of certain users all the information transmitted by the platform operators concerning the operations and income achieved in 2023”.

The General Directorate of Public Finances (DGFiP) announces that platforms like Vinted have sent a “summary statement of income from operations carried out in 2023” before January 2024. You can also find them on its site and on its application if this is not the case. You must then report them on your 2023 income tax return.

To access it from Vinted, go to your profile by clicking on your photo in the upper right corner, then in “your wallet” And “income”.

For the luckiest taxpayers, the amounts from sales on Vinted will be displayed automatically during their declaration. Remember to check the information indicated by default and in the event of a problem or question, use the integrated messaging service from your impot.gouv.fr account.

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