Millions of French people today use the Vinted, Leboncoin or Airbnb platforms. In some cases, the amounts of transactions exchanged between individuals must be declared to taxes.
Collaborative economy platforms such as Vinted, Leboncoin and Airbnb have been popular in recent years. Purchases of second-hand clothes, resale of second-hand furniture, rental of apartments or houses… Every day, many transactions take place on these platforms, sometimes generating substantial income. It should already be borne in mind that, since 2019, all these sites have the formal obligation of forward to the tax authorities them income amounts generated by users who would exceed 3,000 euros or twenty sales per yearas reported West France. On the basis of this information, the administration pre-fills the tax return of each, according to The Dispatch.
But if a person’s purchases or sales are not affected by these criteria, i.e. if they are casualthen the transactions are not declared and are not taxable. “If you sell goods that you no longer wish to keep, these sales are occasional and are carried out as part of the management of your private assets, it is not a professional activityTherefore, the income from these sales is not taxable“effectively explains the Ministry of the Economy on his website.
What must be declared?
However, there are exceptions. In some cases, it is still necessary to declare the profits derived from these platforms. For example, when a sale of jewelryof precious metalsofartcollectible or antique exceeds 5,000 eurosthe seller is subject to the lump sum tax on precious metals or the tax relating to the capital gain, according to The voice of the North. The other special case concerns the sale of goods whose amount is also greater than 5,000 euros, excluding furniture, household appliances or automobiles. There, the seller is subject to the tax regime for capital gains on the sale of goods at the rate of 19%.
As for the platform Blablacar and carpooling, the income is not taxable if the activity consists solely of cost sharing. And in the case from Airbnbrevenue from the rental of furnished accommodation may be subject to the micro-BIC regime (if revenue is less than 72,600 euros per year) or to the real regime (if revenue exceeds 72,600 euro per year).