[ebay] Guide for UK eBay traders on Income Tax … ‘If you qualify as a non-trader, this means you are not buying and selling goods online with the intention of making a profit. Are you selling unwanted presents? Do you occasionally sell personal items, such as old vinyl records or a sofa? As long as you are not buying goods with the intention of selling them at a profit, you are not regarded as a trader. This means you do not have to notify us and declare the income on your tax return.’
This entry was posted on Saturday, February 10th, 2007 at 12:08 pm and is filed under eBay.