Thursday, November 7, 2013

I buy and sell on eBay for a hobby at a loss. Should I tell the tax man?

I started when my girl dropped her phone down the toilet. I bought a broken iphone and fixed it. From then on I have been hooked. I love buying gadgets and trying to fix them. Some times I am lucky and fix them. Other times I am not so lucky and make them worse but I enjoy doing it. I physically deplete myself during the weekend so a mental challenge at the weekend keeps me entertained.

Anyway I am yet to make money from it.Is this ok? Can I still buy and sell freely and enjoy my hobby or should I make this known to the tax man.

Thanks for any help in advance people

Paul

См. статью: I buy and sell on eBay for a hobby at a loss. Should I tell the tax man?