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Selling stuff online

Aurora

I’ve been playing with the idea of selling some hand made stuff online. But I don’t know how to start.

 I’ve been reading about it but can’t really understand what I have to do. 

I work full time and I pay tax and insurance. 

So I’ll have to pay more tax but there’s also this £1000 trading allowance. 

It’s confusing. 

I understand that I would have to register as self employed and notify revenue about my income but I don’t know if I’m supposed to do it before I start or after I earn £1000 or when? 

I want to just put 1 or 2 thing online and see if anyone would buy it. 

If not I’ll abandon the idea. 

If someone buys it then I might sell more. 

But I don’t know if I have to inform tax office that I put one item on sale? And if it won’t sell? Notify them that it was a mistake?

Does someone know how to proceed?

Parents

  • My eldest daughter sells homemade jewellery on depop, it seems to be the trendy website at the moment, she just does it as a hobby, she seems to sell quite a lot of jewellery on it. Folksy is apparently quite good too. I used to use Etsy which targets the international market but unless you are prepared to pay extra to promote your online shop then I wouldn’t recommend Etsy. What handmade things do you make?

Reply

  • My eldest daughter sells homemade jewellery on depop, it seems to be the trendy website at the moment, she just does it as a hobby, she seems to sell quite a lot of jewellery on it. Folksy is apparently quite good too. I used to use Etsy which targets the international market but unless you are prepared to pay extra to promote your online shop then I wouldn’t recommend Etsy. What handmade things do you make?

Children