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I'm looking to sell a few things on eBay.
I buy things such as wooden lettering, photo-frames etc, and I decorate them.
If I wished to sell these on eBay it would be classed as reselling I know.
However, if I made a profit it would be only about £100 a month.
Do I have to declare this to HMRC?
I am currently in full time university education, I do not receive any benefits (not even JSE), I have a tuition fee loan but not a student loan (so my uni gets the fees paid direct to them, but I do not get a loan to live on) and I am currently living on savings. I want to make a few of these a month and sell them just to have a bit of extra cash.
Any help would be appreciated!
Thanks!
(UK eBay and taxes only please!)
I buy things such as wooden lettering, photo-frames etc, and I decorate them.
If I wished to sell these on eBay it would be classed as reselling I know.
However, if I made a profit it would be only about £100 a month.
Do I have to declare this to HMRC?
I am currently in full time university education, I do not receive any benefits (not even JSE), I have a tuition fee loan but not a student loan (so my uni gets the fees paid direct to them, but I do not get a loan to live on) and I am currently living on savings. I want to make a few of these a month and sell them just to have a bit of extra cash.
Any help would be appreciated!
Thanks!
(UK eBay and taxes only please!)
Do I have to declare these earnings?
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