Forum

Lift limits...are you an individual, sole trader or business?
 

Hi

I know there are threads already started on this but they don't answer my question.

I have a 1 year old stealth which I have started to use more recently but PP is asking me to reveal what type of seller I am: An Individual, A Sole Trader or a Business. The items I sell are medium value but I tend to sell a lot which brings in a high turnover so in normal situation I would describe myself as a business.

I have a few concerns: What will they ask me to provide? Is it different depending on my answer? Is it true that there is a 20% V.A.T. levy being introduced in January and does this apply to all sellers?

I apologise in advance if I have asked too much in the same thread.

Any help and advice is always very much appreciated:help:

Re: Lift limits...are you an individual, sole trader or business?
 

I always like to keep this simple - Individual is best...anything more and they will sometimes want a lot more documentation from you.

You can run a business account as an Individual, it's the preferable setup.

Re: Lift limits...are you an individual, sole trader or business?
 

They can be nosey with business accounts.

Be aware of that.

:pout:

Re: Lift limits...are you an individual, sole trader or business?
 

I keep it individual - and spread volume over several accounts at least

Re: Lift limits...are you an individual, sole trader or business?
 

My stealth paypal account got limited this week but when I went in to see what steps I had to take to lift the limitation there where "NO STEPS". I have never seen that before. Any ideas ?

Re: Lift limits...are you an individual, sole trader or business?
 

I've just got the same thing myself

Re: Lift limits...are you an individual, sole trader or business?
 

My ebay account was in excellent shape. Hundreds of positives with not a single negative or neutral or dispute. What is going on ??

Re: Lift limits...are you an individual, sole trader or business?
 

Yes same here 100% with no complaints with 5DSR

Re: Lift limits...are you an individual, sole trader or business?
 

Lost many stealths this past week also, all 100% feedfack great feedback and no issues.
My assumption is they are checking public records. If they cant verify then selling restriction.

Re: Lift limits...are you an individual, sole trader or business?
 

From what I have read the past week, that really wouldn't surprise me.
Check their policy update that came out, might shed some light on it

Re: Lift limits...are you an individual, sole trader or business?
 

Which policy update?
Does this mean stealth is over or much harder? Even with buying accounts.

Re: Lift limits...are you an individual, sole trader or business?
 

Read their latest legal agreement. Things are going to change for stealth, workarounds are still possible though

Re: Lift limits...are you an individual, sole trader or business?
 

Is this ebay policy update or paypal update?
As the paypals have no restriction at all.

Re: Lift limits...are you an individual, sole trader or business?
 

If no steps, e-mail or call them up - nothing to lose