Hi, Like a lot of people I'm wondering about selling and whether I have to pay tax? It's a mix of my late mum and dad's stuff and stuff you buy from charity shops and car boots, a lot I've bought for myself over the years and have now sold. Obviously the bar for paying tax is fixed so low that most people would come under the banner for paying tax even if they were selling on a casual basis. So basically is everybody waiting for a letter from the taxman?
If anybody wanted to start paying tax on their profits as a new payer by filling in a self certification form online or whatever its called? Does your tax paying start there or have you poked the bear and they go back as far as they like which seems a bit unfair?
If there was an amnesty sort of thing they would get a better amount of people coming forward?
Your thoughts and advice please
