Secondhand Platforms: Driving Circular Revenue While Navigating Tax Complexities

A recent report issued by Vinted and Retail Economics shows that “secondhand shopping” – the concept of purchasing second hand goods –  now accounts for just over 10% of all UK gift spending—amounting to £2 billion—with more than 80% of consumers open to buying such pre-owned presents. Adam Jay, CEO of Vinted Marketplace, told Sky News that while the cost-of-living …

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