Less than a month to start the process of the Rent 2022/23 (April 11), mention that the Tax Agency has already published the official dates. With all this, Now is when great doubts begin to arise regarding issues that seem to be not entirely clear.
A great example of this refers to the declaration of transactions in applications such as Bizum or even cryptocurrencies, but in this article we will delve into another relatively new aspect.: platforms for buying and selling clothes or other objects such as Wallapop or Vinted.
Both applications for buying and selling first-hand and second-hand objects have grown exponentially in recent years and have become clear platforms to obtain economic returns from them.
For this same reason, the Treasury has set its sights on them and the users who use it regularly to declare their benefits in the 2022/23 Income Tax are not going to be spared either. Of course, like the rest of the situations, There are certain limits that you must be aware of.
When should you declare a sale on Wallapop or Vinted to the Treasury?
Given the fame that you are Applications have earned in recent years, whether it’s selling that cell phone you no longer use for Wallapop or that dress you only wore once at the wedding of an acquaintance for Vintedyou must be aware that in certain cases you have to declare this income when you make the income statement.
To go directly to the point, the Tax Agency explains that Only those sales for which benefits have been obtained must be declared and this taxation is based on these:
- 19%: up to 6,000 euros
- 21%: from 6,001 euros to 50,000 euros
- 23%: from 50,001
Qualify that these benefits must also be included in the 2022/23 Income for those users who sell a lot in these applications and obtain an income greater than the Minimum Interprofessional Wage (1,080 euros gross from January 1, 2023).
In this case, the Treasury understands that you are carrying out an economic activity with these apps and that therefore you must be accountable (in addition to registering as a freelancer).
Buyers are not exempt either
Lastly, explain that second-hand buyers also have to pay tax through what is known as Property Transfer Tax in the modality of Onerous Property Transfers. this goes from 4% to 10% since it depends on the Autonomous Community.
The Tax Agency explains that, if these benefits are not declared, although it is not very common for inspections to be carried out for this reasonthe fine will be based on the amount of money you did not declare together with a surcharge that can go up to 150%.
“If there has been no profit, the Tax Agency can also establish sanctions for the incorrect presentation of the Income Statement whose amounts can reach 200 euros”they explain from Gefiscal.