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Stories abound about HMRC getting online selling sites to inform them of money people make so they can be taxed. I sell a few things on ebay and get a fair chunk of money, but many items sold were bought to be used, then sold second hand, so you probably won't make any profit. I suppose people will now have to produce receipts from years ago to prove how much proffit they make, but what happens if you make a loss, can you claim a tax rebate? Not sure if the stories are true or just more scare mongering, or whether the rules will only apply to business sellers?