We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Making A Living From E-Bay- Can It Be Done?

1567911

Comments

  • carrie483
    carrie483 Posts: 1,868 Forumite
    Has anyone mentioned on here anything about paying tax with this extra money? Wouldn't you have too?

    Carrie.
    Accept that some days you're the pigeon and some days you're the statue.
  • Sugar_Coated_Owl
    Sugar_Coated_Owl Posts: 12,379 Forumite
    Yes you would need to register for tax in order to buy to sell.
    --><-- Sugar Coated Owl --><--

    If you believe, you will survive - Katie Piper

    Woohoo! I'm normal! Gotta go tell the cat.
  • eenu
    eenu Posts: 150 Forumite
    carrie483 wrote:
    Has anyone mentioned on here anything about paying tax with this extra money? Wouldn't you have too?

    Carrie.

    legally yes. Depends if you want to declare it though. Not that i am advocating tax ivasion
  • Moglex
    Moglex Posts: 1,581 Forumite
    Part of the Furniture 1,000 Posts
    Like I care. Jeez, what a waste of a post.
    Well, they don't cost anything.

    So, you don't care?
    I checked the dictionary and it says:

    No entry found for sceptical.

    3 entries found for skeptical
    Oh, so you do care :D

    Just a hint, though.

    You need to use an English dictionary if you want to find "sceptical".
  • ben500
    ben500 Posts: 23,192 Forumite
    legally yes. Depends if you want to declare it though. Not that i am advocating tax ivasion

    Don't worry they'll find you soon enough if your not paying.
    Four guns yet only one trigger prepare for a volley.


    Together we can make a difference.
  • Eagle_1
    Eagle_1 Posts: 8,484 Forumite
    hhhmm well ok, its your fault that im gonna be eating crap food tomorrow, I hope you all feel guilty :(

    Thought I might have got a PM telling me to naff of at least :rotfl: :rotfl: :rotfl: :rotfl:
  • Sugar_Coated_Owl
    Sugar_Coated_Owl Posts: 12,379 Forumite
    legally yes. Depends if you want to declare it though. Not that i am advocating tax ivasion

    It's not like you actually have a choice as to whether you pay tax or not. You either declare it and everythings ok or you get caught and pay the price for tax evasion.

    Moglex, you said I couldn't spell skeptical. I found it in the dictionary so it's obviously just a different way of spelling it.
    --><-- Sugar Coated Owl --><--

    If you believe, you will survive - Katie Piper

    Woohoo! I'm normal! Gotta go tell the cat.
  • ben500
    ben500 Posts: 23,192 Forumite
    Eagle_1 wrote:
    hhhmm well ok, its your fault that im gonna be eating crap food tomorrow, I hope you all feel guilty :(

    Thought I might have got a PM telling me to naff of at least :rotfl: :rotfl: :rotfl: :rotfl:
    A lot of it can be just pure luck eagle, I found a product I anticipated making a profit of around 25%, I actually realised a profit of just over 14,000% on 390 units and was gobsmacked to say the least, the supply dried up and I haven;t found a similar money maker since but what a find it was.
    Four guns yet only one trigger prepare for a volley.


    Together we can make a difference.
  • I know a couple of people who use eBay as their sole income, but it's difficult, just like any other business. Most of the time they're fine but if people stop buying for a while it can hit them hard.

    Personally I don't feel it's a reliable enough market to do it full time, so I just make do with selling stuff in my house that I don't want anymore :p
    Debt @ 22/11/07 = £11,038.74
    Debt Free Since = June 2015
    I'm having a FREE Christmas 2016 - Cash/Vouchers earned (so far) = £57
    Freebies earned = 2
  • Moglex
    Moglex Posts: 1,581 Forumite
    Part of the Furniture 1,000 Posts
    Moglex, you said I couldn't spell skeptical. I found it in the dictionary so it's obviously just a different way of spelling it.
    Yes, sorry. It was just supposed to be a quip to add to the "Call me skeptical : you're sceptical" 'joke'.

    These things never seem to work so well in text :o
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.3K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.4K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601.1K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.