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buying and selling lcd tvs

hi there,ive been a hobbiest of electronics for many years now,and enjoy it,recentley ive been thinking about going into buying and selling them for profit,not to make major money but as a second minimal income,im currently employed in a full time job,so this venture would be separate from my normal job,the new venture would be just working from home,im also qualified as a pat tester (portable appliance tester),so i know they will go out as fully tested and safe,my questions are,how do i go about doing it?,as far as registering for tax, ,what the tax will involve,obviously i will be buying the tvs ,doing them up,testing them, then selling them,any gurus on tax issues or other,id like to hear from you,many thanx,lee
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