I made over £200 on Vinted last week, here’s how and why it’s important to tidy your room before selling
A WOMAN who made £200 in one week from Vinted, has shared her top tips for making sales.
Vinted is an online marketplace where people can buy and sell second hand clothes, shoes and accessories.
It’s completely free to upload clothes to the app and Vinted does not take a cut of sellers’ profits and instead charges buyers a small fee to purchase each item.
Maria Marshall took to TikTok to share her top tips for selling items on the site.
Photos
The Vinted whizz explained that not only is the quality of the clothes very important, it also matters what is in the background of your photos.
She recommended using a clear background, with no mess in sight.
Therefore, it’s a good idea to give your bedroom a good clean before taking any photos.
Maria added that it is vital to take pictures of any of the items’ imperfections, and from all possible angles.
Offers
Maria said that when selling on Vinted, you should always be open to accepting offers.
She explained that if someone gives you an offer that is 50p or £1 lower than the price on the listing, sometimes it is better just to accept it.
“For the sake of 50p, its better in your bank account, and so you can clear out your wardrobe”.
Packaging
Maria said that she always makes sure to pack her items up in nice packaging, and to post them really quickly, to impress buyers.
“This is your sign to empty your wardrobe and make yourself some pennies”, she said.
Maria’s video, which was posted under the username @mummadiaries_ has likely left many people impressed as it has racked up over 82,000 views on the video sharing platform.
TikTok users raced to the video’s comments section to share their thoughts.
One person said: “You are spot on with all of those tips, especially about the packaging”.
Do you need to pay tax on items sold on Vinted?
QUICK facts on tax from the team at Vinted...
- The only time that an item might be taxable is if it sells for more than £6,000 and there is profit (sells for more than you paid for it). Even then, you can use your capital gains tax-free allowance of £3,000 to offset it.
- Generally, only business sellers trading for profit (buying goods with the purpose of selling for more than they paid for them) might need to pay tax. Business sellers who trade for profit can use a tax-free allowance of £1,000, which has been in place since 2017.
- More information here: vinted.co.uk/no-changes-to-taxes
A second person said: “I’ve just started my vinted journey.”
A third person said: “Thanks for your help”.
Online marketplaces like Vinted and Depop have millions of users across the UK, with the cost-of-living crisis only increasing their popularity.
Financial pressures in British homes saw sales of second-hand goods jump by 15 per cent to £21 billion in 2022.
One in six people now say they buy used items, according to research commissioned by review site Trustpilot.
o, now’s the perfect time to make yourself some extra cash on the likes of Vinted.
According to the popular platform, sellers do not have to pay tax on earnings they make from the site.
This, HMRC stated, is because selling personal items through platforms like Vinted is not itself taxable.
”If the money a member makes on Vinted over a year is less than the amount they paid for the items they are selling, then there is no tax to pay,” a Vinted spokesperson explained.
”Generally, only business sellers “trading” for profit might need to pay tax.
”A tax-free allowance of £1,000 has been in place since 2017 for people who trade for profit.”
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