Exceptional income is the resource that allows individuals and families to improve their financial health. Although it is not always easy to obtain it, the Internet and new technologies have opened up a host of possibilities that allow it to be generated with less effort than traditional alternatives.
Throughout history, families and businesses have actively sought various ways to improve their financial health, particularly in times of crisis. One of the most popular options is Get an exceptional incomeBut it is not always easy to apply.
Unusual income is unpredictable, independent and non-cyclical. It responds to those incomes it He eventually gets a family or a business. It differs from recurring revenue in that it is predictable, periodic, and has a high probability of occurring in the future.
The possibilities of using the resources that the internet puts at our disposal to get extra cash are endless, especially when you figure out how to leverage soft skills to monetize them. Here are some of the most popular formulas for generating extra income:
Fashion selling used products
We must add to these five options for an exceptional income Online sale of used products. This market has been booming in recent years around the world, fueled by new post-pandemic consumer trends and the emergence of new technologies and platforms where this type of item is bought and sold.
According to data from the “Evolution and Trends in Consumer Habits Report,” Made in Spain by Pulso Digital de AdevintaNearly half of the population (45%) sell their products online, and among them, three in ten state that their income has increased by more than 50 euros per month since the start of the pandemic, which represents an increase of seven percent points in relation to the months prior to March. 2020.
In Latin America, the situation is not much different, particularly in Mexico. According to the study global consumer surveyfrom Statista More than half of Mexicans ages 18 to 64 say they bought a used item in the past year, a proportion not exceeded by US citizens.
There are platforms that allow you to sell all kinds of used products online, such as Wallapop, eBay, Facebook Marketplace, or even Amazon. Websites that sell specific products books (IberLibro, Re-Red or Casa del Libro itself), Sports equipment or clothing (Vinted, Etsy, Milolet, or ASOS Marketplace, among others).
Are taxes paid on the sale of used products?
One of the most common doubts among users who sell used products is whether they should pay taxes on the profits obtained. Well, when you think about income, the answer is generally yes.
Despite this, as Jaume Suñol, General Manager of TaxScouts in Spain, recalls, only used sales made on these platforms should be declared. If the sale value is higher than the purchase value, Which is not common. “In addition, if the sale on these platforms is carried out on a regular basis, or the amount of income is higher than the professional minimum wage, it can be considered that there is an economic activity being carried out, so the seller must register in his personal capacity. – an employee, declares VAT added and fulfills the rest of the obligations of the freelancer.
“Beeraholic. Friend of animals everywhere. Evil web scholar. Zombie maven.”
More Stories
Room Mate will collaborate with two major international hotel companies
Chipazo lottery results: Who are the new millionaires?
The largest bank in America says goodbye to Wall Street after 150 years