Total sales / trading revenue for the year
Cost of goods, platform fees, shipping, etc.
Trading Profit
€17,000.00
Tax on Trading
€6,400.00
You Keep
€17,000.00
Marginal Rate
45.6%
Understanding trading income tax in Ireland
Trading income in Ireland
If you regularly buy and sell goods for profit, you are running a trade and must declare your income to Revenue. This includes selling on online marketplaces, eBay, or through your own online store. Income Tax, USC, and PRSI apply.
When is selling taxable?
Selling personal items you no longer need is generally not taxable. However, if you buy goods with the intention of reselling them for profit, or you trade regularly, the profit is taxable income. You may also be liable for VAT if turnover exceeds the relevant threshold.
Deductible expenses
You can claim expenses directly related to your trading: cost of goods sold, platform fees, shipping costs, packaging, and a proportion of home office costs. Records must be kept for 6 years.
Revenue-Aligned: Uses 2025 Irish tax rates including Income Tax, USC, and PRSI. VAT registration is required when taxable turnover exceeds the applicable threshold.
Disclaimer: This calculator provides estimates based on current HMRC rates and thresholds for the 2025/26 tax year. It does not constitute professional tax, financial, or legal advice. Your actual liability may differ depending on your individual circumstances. Always consult a qualified accountant or tax adviser before making financial decisions. Read our terms
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