Selling personal collection do I have to pay income tax

Selling personal collection do I have to pay income tax ?

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Selling personal collection do I have to pay income tax

redwick1
Experienced Mentor

If you are selling your own personal  items then you do not pay taxes on it.

 

if you are buying or have bought to sell then you would be classed as a business and have to register as a business for ebay and the tax man.

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