July 22, 2017

Government quietly drops eBay and Airbnb tax break

Stock Photo - Waving flag with Airbnb logo. Editorial 3D rendering
Copyright: moovstock / 123RF Stock Photo

Online traders were promised two tax perks worth £1,000 a year Millions of eBay sellers and Airbnb hosts will not be entitled to a £1,000 annual tax allowance as promised in last year’s Budget.

In March 2016 George Osborne unveiled two tax break’s "for the digital age" worth £1,000 a year.

These were designed to help "micro entrepreneurs" who sell goods and services online on platforms such as eBay, Etsy and Airbnb, and those who take on occasional jobs such as providing lift shares or who let out their homes or garages.

One allowance applied to "digital trading" and the other to property.

Both were supposed to be introduced in April 2017.

Take the time to get your keywords right and bidders will come. When buyers search, eBay automatically looks for words in the listing’s title only, so it’s crucial to write your listing in your customers’ language, and use the keywords they search for – especially brand and product names.Take "stylish plunging neckline plum dress". No one’s going to search for "stylish", "plunging" or "plum". Instead, consider the practical search “new size 10 purple silk Whistles dress”.When listing an auction, you can choose whether it lasts one, three, five, seven or 10 days. […]

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The News for the Gig Economy Staff is constantly searching the web for the latest news regarding freelancing and gig platforms to bring them to you in one handy place. All articles with this generic author have been sourced with the original location at the bottom of the piece. We encourage our readers to view the original source of all excerpts. NGE is a project of ARC Online, LLC.

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