Selling / request for Nat Ins No.

Re the 30 Item / £1760 limit and notification to HMRC.

Do these limits apply if I am only selling personal items such as a vast collection of items collected over several years ? As these are personal items can I assume that as per HMRC guidance, there will be no tax due.

Many thanks.

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Selling / request for Nat Ins No.

papso22
Experienced Mentor

It's a reporting threshold so every type of sale is included.

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Selling / request for Nat Ins No.

tobiasd4
Experienced Mentor

Selling / request for Nat Ins No.

papso22
Experienced Mentor

It's a reporting threshold so every type of sale is included.

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