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mistake09
Starting Member

49 Posts
Posted - 20 April 2011 :  22:15:44  Show Profile  Reply with Quote
hi all, just been reading up on ebay laws and you dont have to pay tax on sold items as long as you havent bought them to sell, so my question is would the OR need to be informed of selling on the net?? it might not make you a millionare but it might help buy food, etc etc

Niobe
Administrator



United Kingdom
4590 Posts
Posted - 20 April 2011 :  22:20:35  Show Profile  Reply with Quote
I am sure that if you are selling your own stuff then you don't have to declare it to the OR. If it is a business then that is different.

I sell my old stuff on there often.

Double, double toil and trouble;
Fire burn, and cauldron bubble.

Jan
xx
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Viki.W
forum expert



United Kingdom
2211 Posts
Posted - 21 April 2011 :  08:13:28  Show Profile  Reply with Quote
I agree with Jan.

Your old clothes, toys etc are all exempt in BR so you can do what you want with them.



Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/
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glafy
forum expert

436 Posts
Posted - 21 April 2011 :  09:05:08  Show Profile  Reply with Quote
I didn't know that!!
Off to rifle through Hubby's stuff while he is at work. !!!



"Good things come to those who wait".....I'm a patient person but this is taking the Mickey!!
Edited by - glafy on 21 April 2011 09:05:34
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Niobe
Administrator



United Kingdom
4590 Posts
Posted - 21 April 2011 :  11:43:23  Show Profile  Reply with Quote
I put loads of stuff on Ebay - must have a sort out this week! It funds my buying of cheap clothes on there as well.

Double, double toil and trouble;
Fire burn, and cauldron bubble.

Jan
xx
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