chump

I'm selling a product regularly on Ebay now and am selling about 3-4 a day @ £20 a throw. Do I 'need' to declare any of these sales to Mr Tax Man or can I get away with it

Any advice appreciated.

Chump

dsmith

Like any private "cash" business, you should declare profits as income. but very few would until they were making significant amounts of cash.

And of course everyone's definition of "significant" will vary - I suspect the tax man's would be lower than mine for instance

Deano