Ebay And Tax

TRAIDEMARK

SOMEONE DIRECT ME IF THERE IS A THREAD ABOUT THIS ALREADY PLEASE :

i was under the impression that as you sell you pay tax .... ?

ive just sold a laptop for £479 ..... i paid £18 (£2 LISTING FEE £16 SELLERS FEE) to ebay and £16 to paypal ..... i posted it this morning and im slightly out of pocket on postage (i knew this)

fairs fair , how much do they want ??? .......... ive heard that the limit is 60 items a year .... i sell that in 6 weeks usually maybe less .

ebay will see decreased profits if this is followed up by the tax man ....

anyone any thoughts ............ thanks

Tojo_Ralph

TRAIDEMARK wrote:

ebay will see decreased profits if this is followed up by the tax man ....

You'll certainly see decreased profits if this is followed up by the tax man....

fatboyonadiet

Limit isn't 60 a year but there is a monetary value think it's about £4,000, do a search as I'm sure this was discussed last week.