Since January 1, 2024, according to EU Directive 2021/514, second-hand goods buying and selling platforms, such as Vinted, Wallapop and similar, are required to share information with the Treasury of some of the users in Spain who sell on them. However, they will only have to do so in the case of Sellers who carry out more than 30 transactions in one year or have achieved more than 2,000 euros in profits from their sales made during that period.
Thus, those who make occasional use of the platform to get rid of some belongings they have in their home will not have any problem in normal conditions getting rid of the items, since they will generally be sold at a price below cost, which has no fiscal relevance derived from the consumption itself. However, it does Hacienda will monitor those who carry out a large number of transactions or make profits from carrying out these transactions.
This directive is mainly focused on all those people who do this type of work. buying and selling operations their livelihoodthat is, those who are dedicated to the purchase and sale of different articles and introduce them into the market, being, therefore, an economic activity. It also affects those people who, even having a main source of income, resort to this type of platform to make a living. Extra money. In both cases a profit is made and therefore taxes must be paid.
When should profits from second-hand sales be declared?
In this way, those users who make sales through second-hand platforms and obtain benefits will have to pay taxes on them, whether they do so at a personal level or as part of their economic activityIn this last case it will be necessary register with the Treasury with forms 036 or 037, and if it is a private individual, the tax obligations with respect to personal income tax must be taken into account.
To understand it better, if a person buys a mobile phone for 300 euros and, after not using it, sells it in a few months for 200 euros, he has a loss derived from consumption and will not have to pay anything, while if he buys it for the same amount, but then manages to sell it for 500 euros, he has a profit of 200 euros that he will have to pay tax at 19% in his personal income tax return.
It is important to take into account the tax obligations of each person, which must be observed individually. In this way, if a user does not declare the profits obtained from the sale of a product on this type of platform, he may face a claim from the Treasury, in which he will be required to pay the unpaid amount and a a fine of between 50% and 150% of what has been failed to declare.
Source: www.lainformacion.com
