Incoming payments are blocked pending verification of your account
Good morning.
Since this morning, if I go to "payments" I get the following message:
"Incoming payments are blocked pending verification of your account. This is a routine procedure to keep your account secure; it may take up to 6 business days to complete. We will contact you by email if further information is needed."
I should note that I have not received either emails or private messages from eBay, there is only this notice written on a red rectangle. I should also note that in the past I had already verified the bank account with the micro-deposit procedure, so I don't understand this notice that appeared to me. I tried to get in touch with eBay support but even they couldn't tell me much, just to wait these 6 business days. Does anyone know what this is about? can I relax or should I be worried? Thanks.
sika700
·3 years agoGood morning,
well... you did receive a message... it does in fact let you know that your ACCOUNT needs to be verified... not your bank account!
IF they need any other documents they will send you another message with what they require, expect a request for your ID document and the invoices for the items purchased, since you also sell items declared as new.
If you use your private account to sell, clearly, items that you buy specifically to resell... I would be relatively calm...
Kind regards.
shirtitaly
OP3 years agoActually, I use my account to resell old items I have at home, used items, I don’t use it to buy and resell.
Do you think it would be better for me to remove the "new" condition for the items for sale?
marioelegio
·3 years agoSurely the "new" increases the risks of checks and misunderstandings, but one can also be a dealer in used goods (if they are specifically purchased to be resold, especially if this is done continuously).
hi
mario
sika700
·3 years agoAre you sure?
Almost all the clothing you sell you list... even in the description... new with tags, which means it is NOT used!
For a private individual, as Mario also pointed out to you, it is not normal to make more than 100 transactions a year... yes, because as is well known, the people who leave feedback are 20/30% of users.
Kind regards.
actar80
·3 years agoSet the condition to used for the objects you have at home. Then if they are practically like new, well cared for, barely used, etc. write it in the description text.
retro*tech
·3 years agoUnfortunately, it’s not a matter of used or new!
The new regulation (in force since 01-2023) provides that after €2,000 in sales or 30 items sold, the platform operator (in this case eBay, but it also applies to Subito, Vinted and all similar official sites) is required to automatically report our transactions to the tax authority, on which, however, we will not be taxed, but only passively “observed”.
Once €5,000 is reached, the obligation to include it in the tax return kicks in and therefore (the amounts collected, not the actual profits) will be taxed, shipping included, so watch out!!!
We small private sellers apparently have no interest in this new rule at all!
But in reality it will be very different; when we fill out even a simple ISEE assessment, among the mandatory parameters used for the calculation there will be the item “extra income” in which even the €1,999 of eBay turnover will have to appear (turnover that also includes the sum of shipping, so in reality half or even less for small retail sellers) or the turnover from 30 sales of stamps at €1 each, they couldn’t care less, at the 30th sale according to them we have turnover that will count as extra income and therefore even if our annual total is only €30.00, this will have to be taken into account for the purposes of the ISEE calculation/income-trackers of various kinds; on top of this, the AVERAGE balance of the prepaid card/cards or of your active account and all those of the family unit will also be calculated, so further taxation for income purposes (even if it were on your mother’s/wife’s/grandfather’s Postepay, as long as it belongs to the same family unit).
My feeling is that this new rule looks like a sneaky system to get their hands into the pockets of even poor elderly people, hobbyists, or kids, who earn that extra €100 at the used market. According to the EU guidelines though, it’s a system developed for anti-money laundering... however, the “nonsensical” footnote about a maximum of 30 sales after which you are considered a MERCHANT, completely ignoring what the total turnover was, says a lot and more about the intent, which in no way resembles a hunt for large-scale tax evasion or anti-money laundering, but rather a new field to reap.
In conclusion: you sold (and exceeded) your 30th item on March 12... A few days later, instead of receiving the money, you got the notification that the account is under review. Doing 2+2 on the coincidence seems quite plausible to me.
Obviously nothing to worry about, still well below the maximum threshold of €5,000/year, but disheartening yes... at least a bit, I think so... 🙄
marioelegio
·3 years agoThe limit figures you put in have no basis. The 5000 euro threshold refers to occasional services and can only be used by hobbyists and artists who sell their own creations.
For merchants there is no threshold at all. Regardless of the amounts earned, when the sale of items takes place in a habitual, organized, continuous and systematic way, it produces a real business income. There are no exceptions even for second-hand goods, for VAT purposes a special regime is предусмотрed for the sale of used goods (the so-called “margin scheme“) and ad hoc rules are also provided for e-commerce.
Try opening a physical shop without any permit and then when the tax police arrive try to explain that you are trying to see whether the business works but you have not yet reached the 5000 euro threshold.
If you intend to buy solely for the purpose of reselling, you must open a commercial business before starting.
bye
mario
heavenwelkin
·3 years agoGood evening retro*tech
Let’s also consider that we’re talking about foreign bank transfers.
An Italian bank account receives foreign transfers (where, depending on the case, eBay might bundle multiple sales into a single credit), where the payment reference doesn’t make it possible to trace back to the item sold.
So it’s easy for the tax authorities to want to know what you’re doing with these foreign transactions.
Just because they’re foreign transactions, you’re already at higher risk, regardless of the amounts received.
And then 2500 euros is NOTHING, eBay for new accounts is 3000 euros a month and if a private individual really puts effort into cleaning the house, that’s something else entirely compared to 2500 euros a year........
If investigations arrive, it’s painful.
In these cases the taxpayer finds themselves in a position of procedural inferiority compared to the Revenue Agency:
the latter can presume tax evasion even without proof, while it will be up to the taxpayer to provide the much harder counter-evidence.
You have to get a tax lawyer because they’ll have to prove that the authorities are wrong.
Then maybe the lawyer advises you to challenge it and file an appeal, appeal in the second instance and ...... that’s money, time and stress.
It’s certainly no coincidence that eBay Italy has emptied out of private sellers, or supposed ones, compared to other countries like Germany and England.
Some still believe the problem was the removal of PayPal, but if that were the case the loss of users with the relative disappearance of listings should have been recorded in other countries too, but that wasn’t the case.
Only in Italy did this mass exodus of users happen.
In my opinion, if someone is still trying to understand why eBay Italy responded differently from other countries, they should consider the aspects described in your post and in my reply.
Kind regards.
marioelegio
·3 years agoThey will probably check your sales activity because it’s not normal for a private seller to receive 36 feedbacks in a year.
hi
mario