The complete Vinted tax guide for UK resellers (2025)

If you are selling on Vinted to make a profit, HMRC wants to know about it. The rules changed in 2024, and the thresholds for reporting are stricter than most people think. This guide covers everything you need to know to stay compliant without overpaying.

The £1,000 trading allowance

Every UK individual gets a £1,000 trading allowance each tax year. If your total trading income (not profit — income) from all sources is under £1,000, you do not need to declare it or pay tax on it. But the moment you cross £1,000 in sales revenue, you must register for Self Assessment and report it.

Important: the £1,000 is income, not profit. If you bought items for £800 and sold them for £1,200, your income is £1,200 — you are over the threshold and must register, even though your profit is only £400.

When you need to register for Self Assessment

You must register with HMRC by 5 October after the tax year in which you exceeded the £1,000 allowance. For example, if you crossed £1,000 in the 2024/25 tax year (ending 5 April 2025), you must register by 5 October 2025.

Registration is free and done online via gov.uk. You will get a Unique Taxpayer Reference (UTR) number, which you use to file your Self Assessment tax return each year.

What counts as a business expense

You can deduct legitimate business expenses from your income before calculating profit. This reduces your tax bill legally. Common deductible expenses for Vinted resellers include:

• Cost of goods sold (what you paid for the items you are reselling)
• Packaging materials (poly bags, bubble wrap, tape, labels)
• Shipping costs not covered by the buyer
• Vintify subscription (software used for your business)
• Home office portion (a percentage of your internet, heating, and electricity if you work from home)
• Mileage for sourcing trips (45p per mile for the first 10,000 miles)

Keep receipts for everything. HMRC can ask for evidence up to 6 years after the tax year.

How to calculate your profit

Your profit is your total sales income minus your total expenses. This is the figure you pay tax on, not your revenue. The tax rate depends on your total income from all sources:

• Personal allowance: £12,570 tax-free (2024/25)
• Basic rate: 20% on income between £12,571 and £50,270
• Higher rate: 40% on income between £50,271 and £125,140
• Additional rate: 45% on income above £125,140

If you have a day job earning £30,000 and make £5,000 profit from Vinted, your total income is £35,000 — all within the basic rate band, so you pay 20% on the Vinted profit (£1,000).

How Vintify helps

Vintify automatically tracks your sales, fees, and shipping costs. You can log sourcing expenses and packaging costs as you go. At tax time, you export a single report with your total income, expenses, and profit — formatted to match what HMRC asks for on your Self Assessment. No spreadsheets, no manual entry, no missed receipts.

The £1,000 trading allowance is automatically calculated in the report, so you can see at a glance whether you need to file and exactly what figure to enter.