Think this trader pays tax on their profits?
- posted
20 years ago
Think this trader pays tax on their profits?
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
Assuming that it's her only form of income of course.
I see no reason why not.
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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