In recent days, many alarms have gone off when hearing how individuals, without being self-employed or companies, would be receiving notifications from the Tax Agency due to not declaring sales made on second-hand platforms such as Wallapop or Vinted.
This puts all of us who have sold something on alert, especially if we are talking about a iPhone or a Macsince it would not be a handful of euros precisely, but hundreds or even thousands, depending on the model, condition and product, so do I have to declare its sale even if I have lost money?
Declare an iPhone or Mac after second-hand sale
The first thing we have to see is what the Law says about it, and it is only requires us to declare sales on a platform if we exceed 30 sales or 2,000 euros in total of them. What does this mean? That if we have sold a product, whether it is from Apple or not, we will not have to declare anything if it does not exceed that price, something complicated, unless we are talking about an important Mac.
However, if we sell a couple of products, or we have exceeded 2,000 with the sum of all of them, the platform will ask us for the DNI and some personal data, which will be used for that same company to automatically send them to the Treasury, who may subsequently request more information and the declaration thereof.
What happens is that there is a trap, because the Tax Agency does not know exactly the products that we have sold, and we will receive this letter only so that we can justify them. That is to say, if we have sold products for less value than we bought them (something common unless we are dedicated to resale), nothing will happensince the declaration and payment of taxes will be made on the profits, and in this case we have not had any, since that iPhone that once cost us 1,300 euros, we have sold for 500 euros to another individual.
Therefore, it will not be necessary to declare the sales of these, neither reaching the maximum allowed nor exceeding it, although in the latter case we might have to justify it, so it would be important that you have invoices or online tickets for the products you are going to sell, showing that you sold them for less than what they are worth, although it is understood that an iPhone for 500 euros is more than it costs new.
It is not so easy for people who dedicate themselves to buying things and then restoring them and selling them for a higher price, since they will have a high annual number of sales, and with profits, which will make them have to declare it yes or yes, although that is another problem that we will not see today.
And you, did you really know this Law? Have you sold more products than allowed this year? It is clear that only online sales count, because if you meet in person, the Treasury will never know if you have sold it and the price for which you have done so, so it is still a safer option.
