Can you have 2 Trade Me accounts?

In order to use our Services, you only need one account. So, you can’t register as a Member under multiple identities, personas, or aliases (whether they are false or not). You may create a business membership, in addition to your personal one.

How do I put credit on my Trade Me account?

How to credit your account
  1. Select ‘My Trade Me’, and head to ‘Profile & account’.
  2. From ‘My Account’, select ‘Credit my account’.
  3. Enter your details and select ‘Top up’ to confirm.

How do you get authenticated on Trade Me?

There are two ways to get authenticated: top-up your Trade Me account with $1, purchase something on Trade Me using Buy Now, and pay via Ping.

Why become authenticated?

  1. list items for sale,
  2. place bids over $5,000,
  3. purchase ‘authenticated accounts only’ listings,
  4. place bids on more than five separate auctions at once.

How do I change my password on Trade Me?

To change your password, head to our desktop site.
  1. Head to ‘My Trade Me’.
  2. From the right hand panel, select ‘change my password’.
  3. Follow the prompts and select ‘Change Password’.

How much is Trade Me success fee?

Casual sellers
Success fees – casual sellers
Sold for $1 or less $0 (no success fee)
Sold for more than $1 7.9% of sale price (maximum success fee = $249)

How do you withdraw money from Trade Me?

You can use your Ping balance to buy items on Trade Me, withdraw the funds to your bank account, or top up your Trade Me account. If you need to refund a buyer’s payment – we can help.

Withdrawing from Ping

  1. Head to ‘My Trade Me’.
  2. Select ‘View profile & account’ and select ‘Manage Ping’.
  3. Select ‘Transfer out’.

What happens if I don’t pay my TradeMe account?

If your account remains with a negative balance your membership will be suspended until the balance is paid. Great way to treat a member who has been with TradeMe for 7 years, and has put countless $$ into their pockets.

How do I change my bank account on TradeMe?

If you have an existing verified bank account, you can change your bank account from ‘My Trade Me’. To activate your new bank account: Look for the $0.01 that we’ve paid into your bank account, along with a six-digit reference code. Once you’ve got the code – enter it through ‘Pay Now registration’ in ‘My Trade Me’.

How long do I have to pay on Trade Me?

Pay for goods purchased as soon as possible, and within a week of the auction closing and receiving payment details.

What can I sell on Trade Me?

Trade Me will exercise its sole discretion to determine whether or not a business for sale listing is acceptable.
  • Carbon credits.
  • Chainsaws.
  • CCTV footage.
  • Child restraints.
  • Cigarette or nicotine replacements.
  • Copyright and other intellectual property rights.
  • Courier tickets.
  • Digital currency.

How much does it cost to withdraw a Trade Me auction?

You can withdraw a listing within the first hour free, all listings fees will also be refunded. If the listing has been live for over an hour, you’ll be charged a fee – the higher of $3, or the applicable success fee if the item were to sell. Classifieds are always free to withdraw.

Do I have to pay tax on Trade Me sales?

Usually, you do not have to pay tax on those sales. If you sell goods through online auction or sales sites, such as Trade Me or eBay, the tax rules that apply are the same as for buying and selling goods in a shop.

Are Trade Me auctions legally binding?

Are Trade Me auctions legally binding? Once your customer places a final bid above the reserve price and the bidding time period has finished, then they have created a legally binding contract with you. This also applies if they decide to click the ‘Buy Now’ button on an auction.

How do I contact someone on Trade Me?

We’re here to help on live chat, 7 days a week. When we’re online, you’ll be able to select ‘Chat’ at the bottom of the Contact Us page.

What is hobby income limit?

What Is Hobby Income Limit? There is no set dollar limit, because some hobbies are more expensive than others. One of the reasons a hobby is not considered to be a business is that typically hobbies makes little or no profit.

How much can you sell before paying tax?

You can sell your primary residence and be exempt from capital gains taxes on the first $250,000 if you are single and $500,000 if married filing jointly. This exemption is only allowable once every two years.

Do I have to pay tax if I sell on Instagram?

Thinking You Don’t Have To Pay Taxes On Instagram Earnings

It’s not like you made a product or sold anything. If you are making money from your Instagram activities you need to be reporting that income on your taxes. If you make just the occasional income you could be operating as a hobby.

Should I declare hobby income?

Key differences between a business and a hobby

You will need to declare your income to the ATO in your annual return. You cannot claim a deduction for any losses from your creative work if it is a hobby. You can claim for deductions on your expenses and generally need an ABN to do this.

How much can you make without paying taxes?

Single: If you are single and under the age of 65, the minimum amount of annual gross income you can make that requires filing a tax return is $12,200. If you’re 65 or older and plan on filing single, that minimum goes up to $13,850.

Do I need to register my hobby as a business?

The short answer is yes. If you are making money from your hobby you will need to declare it to HMRC and will be liable for the tax earned on any income received.

Can I earn money from a hobby without paying tax?

Do I need to start paying tax on my hobby income? This is a £1,000 turnover limit that all UK taxpayers are allowed to earn tax-free, in a single tax year, from things like a hobby or a project they do in their spare time. This means income over £1,000 can either have the allowance deducted or actual expenses deducted.