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Re: HMRC targets Etsy, eBay and Gumtree sellers
Quote:
Originally Posted by denphone
So if l decide to sell some of my prized DVD collection l am fine then Hugh?.
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From the link I posted earlier
Quote:
“If you are selling personal items on an ad hoc basis, such as unwanted clothes or your old lawnmower, you wouldn’t usually need to pay income tax,” he said.
“But if you are selling items on a repetitive basis, or buying or modifying items to sell at a profit for example, that could be classed as trading and you would be expected to pay tax.”
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So yes, you should be OK.....
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