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Quick question for eBay Business Sellers
chezba
Posts: 154 Forumite
Hi
Just wanted some advice. I've just changed my private account over to business account as I'm starting to buy items to sell on for a second income. About to register with HMRC but wanted to check what I would put as my offical start trading date. Since the beginning of July I've been acquiring stock (and keeping receipts etc) but will start listing the items on ebay towadrs end of August. Do I put my start trading date as 1st July so I can allocate the costs of buying stock against outgoings or do I put my start trading date when i actually start to list on ebay?
Many thanks
T
Just wanted some advice. I've just changed my private account over to business account as I'm starting to buy items to sell on for a second income. About to register with HMRC but wanted to check what I would put as my offical start trading date. Since the beginning of July I've been acquiring stock (and keeping receipts etc) but will start listing the items on ebay towadrs end of August. Do I put my start trading date as 1st July so I can allocate the costs of buying stock against outgoings or do I put my start trading date when i actually start to list on ebay?
Many thanks
T
0
Comments
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You haven't stated trading until you have made your first sale and been paid for it.0
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