Get expert opinion. This is the place for new questions to be posted.
5 posts Page 1 of 1


User avatar
Posts: 68
by Michael2074 » Fri Jan 29, 2010 1:35 pm
My parents no nothing about ebay but have some stuff to sell.

I said i would help them out but the paypal payments would then go into my account, which i guess would/could be seen as an income when it is not.

Will this create problems for me?




User avatar
Posts: 69
by kentmikey » Fri Jan 29, 2010 1:37 pm
Hi Mike

Could you not set up a paypal account for your parents and connect it to your ebay account?



User avatar
Michael Peoples
Industry Expert
Posts: 15189
by Michael Peoples » Fri Jan 29, 2010 1:39 pm
I doubt if your IP would be bothered about your PayPal account anyway. You may need to be careful if you operate a business via Ebay and ensure you do not end up paying tax on the money.


User avatar
Forum Expert
Posts: 72258
by kallis3 » Fri Jan 29, 2010 11:13 pm
I have a Paypal account into which payments go when I have sold anything, and I use that to fund my spending on there. As long as it's not a business, as Michael says, then if you choose to sell your unwanted belongings, it's not a problem.

I've never declared my account at all.


User avatar
Industry Expert
Posts: 47612
by MelanieGiles » Sat Jan 30, 2010 12:04 am
No problem at all - just explain the truth to your IP if this is ever questioned (which I doubt it will be) and all will be well.
5 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”

Who is online

Users browsing this forum: No registered users and 0 guests