Marc Gander - The Consumer Survival Handbook

A 220 page introduction to all things consumer related by our own BankFodder.

Includes energy companies, mobile phone providers, retailers, banks, insurance companies,debt collection agencies, reclaim companies, secondhand car sellers, cowboy garages, cowboy builders and all the rest who put their own profits before you.


Patricia Pearl - Small Claims Procedure - A Practical Guide

An excellent guide for the layperson in how to use the County Court - a must if you are intending to start a claim.

£19.99 + £1.50 (P&P)

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  1. #1

    Default HMRC and Ebay selling

    I recently read in the media that HMRC are to track down people selling items on Ebay
    in order to tax the money they receive for selling second hand goods.
    HMRC are after traders hiding as private sellers which makes sense.
    However, it's a gray area depending on how many items a person sells and how often.
    A private seller isn't responsible for paying tax on personal items sold on Ebay.
    However, if a private seller sold many personal items for quite a lot of money it may
    attract the attention of HMRC even though the seller isn't running a business.
    I am concerned that HMRC may be trying to tax private sellers of old second hand items
    they have owned for many years.

  2. #2

    Default Re: HMRC and Ebay selling

    I think if you are selling 20 items a month as grown out of clothing, old toys etc, then you will be fine.
    If you are selling a 1000 items a month, they would be right to be suspicious, and while this may be ok for one month, having a thousand items every month may cause an investigation and rightly so.

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