Help With Completing Tax Form Ebay

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If you buy and sell everything through paypal, your accounts are already done. Simply download your account history for the tax in year and add up the columns. You can use cash accounting for such a simple business which makes it very easy. All money received - all alowable expenses (inc stock) = taxable profit.

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You have left it a little late for your first one, but it is a fairly straightforward task really, especially if you aren't selling a huge amount, as you say and probably more so if you do them on a cash accounting basis too, which have been available for small businesses since the 2013/14 tax year.

I've always done my own accounts and tax returns. When I first started, I got a book on tax for small businesses (can't remember the author, I'm afraid), which was a big help. It's easier then to search online to clarify specific issues, once you have a grasp of the basics, I think. The HMRC site has a lot of useful information too of course.