• This is maybe a bit of a late reaction but maybe it can help others:

    A valid reason not to use Paypal (as a seller) is that there are limits on what you can sell on annual basis. That is: when you receive more than 2500 € on your account (on annual basis), Paypal has to inform the fiscal administration about it. Mostly only thing you have to do is send some "proof" you're not a professional trader but sometimes they do dificult and will classify (a part of) these "sales" as revenues and raise taxes on them.

    I recently sold some of the stuff I collected in the past 25 years of cycling and I'm about to exceed that 2500 € limit. I think that when I'm selling one of my complete bikes,I'll ask for a bank transfer too. Just to avoid paying taxes on "added value" that's isn't there.

About

Avatar for WimVDD @WimVDD started