Originally Posted by
fuzzy
how many cars can you sell per year from home before your classed as a trader by the inland revenue for tax to be due?
Trader part isn't really relevant as far as tax is concerned.
Originally Posted by
stevieturbo
Probably a bit of a grey area that.
Strictly speaking any income earned is supposed to be declared for tax.
Not grey at all. If you earn money you can either do self assessment or, if employed, ask your employer to include it.
Doing neither is not an option, and you'll bet your neighbours will be pissed about it and shopping you to HMRC. If you're going to do it, you need to do it properly. And unfortunately you need to do it big to pay for the costs. Sorry mate.