In a recent revelation, a Vinted seller has shared a savvy trick to cut down on delivery costs by obtaining free packaging materials through a little-known UPS account perk. The hack, initially showcased on TikTok by content creator @yougettimeto, has gained attention among Vinted sellers seeking ways to maximize profits.
@yougettimeto, a teacher who has successfully sold second-hand clothes and handmade jewelry on the popular resale app, showcased her haul of free packaging materials in a video. She explained that by signing up for a UPS account, users can access free shipping supplies, including boxes, envelopes, forms, and labels. This not only aids in reducing costs but also allows sellers to customize their packaging preferences.
However, some users have reported difficulties in accessing this perk. The British UPS website suggests that individuals can “get free UPS shipping supplies including packaging, forms, and labels” by logging in or creating a new username to start the order.
For those looking to profit from selling on Vinted, seasoned sellers like Jodi Rix offer additional tips. Rix claims to have made over £1,000 in a few months by selling items ranging from high-street fashion brands like Zara, Topshop, and H&M to sports brands like Nike and Adidas. She also recommends selling unused makeup products at higher prices to increase overall earnings.
As the popularity of Vinted continues to grow, it’s essential for sellers to stay informed about potential tax implications. HMRC is tightening regulations on individuals earning extra income through platforms like Vinted. As of January 1, the tax authority is working directly with Vinted, making the app responsible for recording and providing information to HMRC.
It’s important for sellers to be aware that reselling for profit qualifies them as resellers, necessitating the filing of a tax return and payment of owed taxes to HMRC annually. However, those who sell infrequently or as a small-scale side hustle, making no more than £1,700 for fewer than 30 sales in a reporting period, are exempt from providing information to HMRC.
As the landscape of online reselling evolves, staying informed about money-saving hacks and tax obligations is crucial for individuals looking to maximize their profits while navigating the intricacies of the Vinted platform.