E-Bay and Tax

Jan 24, 2004 5 Replies

Think this trader pays tax on their profits?



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&rows 0&showpics=1&stab=0 Pigs might fly!


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&rows 0&showpics=1&stab=0 > What makes you think that she doesn't?

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Probably the fact that she doesn't earn enough

She seems to sell about 100 items per month.

At up to 9 quid each she can't make more than 2 quid profit (unless she stole/fences them in which case tax evasion is a minor problem) so that's 200 quid a month or 2400 pa.

I don't think the tax man will be visiting (and she must really need the money)

tim

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Assuming that it's her only form of income of course.

I see no reason why not.

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Well she must certainly have a lot of time on her hands to do all that ebaying. Another income, not one that means she's away from her PC.

Joe

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