An awful lot of unwanted bedding

cyberbob

mobile48 wrote: »

They look like a private seller to me.

One listing states where and at what price the items were brought for.

They are selling a mattress and some bedding this is typical of a private seller as a business would tend to sell one or the other.

The name is not one a business would pick as it looks like is a brand name.

That's the funniest thing I have read in ages.:rotfl:

soolin

joanne_d wrote: »

I contacted the seller and asked how come they have so many new items of bedding for sale.

i asked them to confirm that it was all new. (i acted as though i was going to bid) . The response i got back was that they own a B+B and that it was no longer open as a B+B and so they were selling all the unused bedding off......They also say that their user name on ebay is/was the name of the B+B

Well you have to applaud them for a good story, not plausible of course, but a clever yarn.

All those items, all different..how odd. Some goose feather, some duck down all sizes all sorts and with many sold previously. All stock photos, hmm.

Anyway, it merely shows they are a business selling off business stock. so possibly not the best story ever.

RFW

They'll probably be on here soon complaining of a 21 day hold by Paypal.

As far as tax and returns go as others have pointed out declaring as a business on Ebay doesn't make much difference for either. Also the DSRs for businesses don't apply to auctions which these are.

Chances are Soolin is correct that they aren't saving anything by listing as a private seller, it will probably end up costing them more in fees.

Crowqueen

joanne_d wrote: »

I contacted the seller and asked how come they have so many new items of bedding for sale.

i asked them to confirm that it was all new. (i acted as though i was going to bid) . The response i got back was that they own a B+B and that it was no longer open as a B+B and so they were selling all the unused bedding off......They also say that their user name on ebay is/was the name of the B+B

If that is true, unfortunately for them they are selling off assets and therefore they will owe tax on the sale anyway. As that is also business trading, then everything previously mentioned still applies to them.

macfly

No it does not. Their final accounts for the closed business will have to include the disposal or otherwise of assets. If stock or goods are retained for future use they would have paid the correct amount of tax. They still have three months to inform HMRC of a new business.
Give it up, and go back to the studies.

mobile48

I think the story is plausible.

Strapped

Funny, the exact same items have been available on a certain well-known surplus stock site just recently...but of course I'm sure they didn't buy them from there :whistle:(Was eyeing up the memory foam toppers myself but decided against).

soolin

mobile48 wrote: »

I think the story is plausible.

Very funny, you almost had me believe you, I don't do irony very well.

Tim_Deegan

RFW wrote: »

They'll probably be on here soon complaining of a 21 day hold by Paypal.

As far as tax and returns go as others have pointed out declaring as a business on Ebay doesn't make much difference for either. Also the DSRs for businesses don't apply to auctions which these are.

Chances are Soolin is correct that they aren't saving anything by listing as a private seller, it will probably end up costing them more in fees.

One thing they are avoiding by being a private seller is that their contact details aren't available for anyone to see.

Tim_Deegan

I suspect that one of the following applies:

1. They have bought a pallet load of surplus stock, at a low price.
2. They are seconds that they have managed to obtain very cheap.
3. They are stolen either individually from a place of work, or part of a stolen shipment.

The story they are using has no credibility whatsoever. If they are private or business sellers, and they have bougt a pallet of surplus stock, then why don't they tell the truth? I always think the truth is the best policy. Some sellers come out with so much bull s##t that people don't trust them any more. And it's trust that builds a reputation.