http://cgi.ebay.co.uk/ws/eBayISAPI.d...2417&rd=1&rd=1

 

if you are running a business why are you registerd as a private seller?the tax man will ripp you a new arsehole if your not carefull....

 

ooops

 

since when did you have to register on ebay as a business if you are. I have 2 user names on there, the first was before they introduced that option, and the second i am registered as private seller. I still pay tax for my business, i also don't have a business account as only having a turnover of 50k i see no point in paying to recieve cheques etc, so i use a current account. The tax man has no problems. You are supposed to have the registered address desplayed tho but i don't fancy putting my home address on ebay for anyone to see.

 

You sound like my nan at bingo when Doris saves her mate a seat and my nan can't sit down.

 

the inland revenue have been running a programme on ebay for two years now,i know a few lads who have had a rude awakening,two of which are currently doing 36 months and have lost houses.if your running a legitamate business get it registerd and above board,the days of hiding it are long gone,just friendly advise.

 

Tim

I also know somone who is now shitting bricks due to selling quite a bit of stuff on fleebay and is now having to justify his earnings to the ever understanding tax office
About time they started looking into ebays tradings

 

i totally agree mate,its been overlooked (or so we thort) for to long,doors are getting rattled now.

 

Don't mean nothing to the hmrc weather you are marked as business or not on ebay. Providing you are actually paying what you owe thats what matters. It even states this when you register on ebay. And any program they have been running on ebay is about as good as it was 5 years ago. You only have to go onto the ebay forums and ask the regular posters on there. Id suggest these lads were probably reported by someone else if what you say is true. Still they must have been big big time to get 36 months and lost there houses. Usually they make you pay back say 150% of what you should have paid.

 

What Turbo Options Do You Offer For The Renault 5 GT Turbo ??

 

Tim

I only sell the odd bit on ebay but on my private user name

I always quote NYRS SPARES , etc so im not trying to hide anything , but my question is ,,Is there a system on ebay for traders etc as i dont quite understand how it works , and would rather advertise as a trader that not , if you know what i mean

Any help would be greatfully accepted

 

why does it matter if you are are registed as a business seller or a private seller as long as you pay what you owe the tax and vat

for example i sold my van on ebay the other week
http://cgi.ebay.co.uk/ws/eBayISAPI.d...m=280131163107
but it clearly states the final price is plus vat...so whats the problem

i also sell motorhomes on ebay but make it clear i am a dealer

 

then you dont need to worry mate.

 

it dosn't mate. people seem to think you must be hiding something if your on ebay as private but realistically you would say your were registered if you wasn't.

 

i will pm you with details tommorow mate,yes your not doing anything wrong but better to register and keep it inline,stops the alarm bells ringing,even in your twos cases its fully explainable but still a ball ache having to explain to these evil bastards.

 

Cheers Tim

Exactly why i wanted to do it as a traders ,, better than spending ages showing that everything i have sold is on my books ,
I know that i have nothing to hide , it just makes it easier

 

what if you're a business, but selling personal items?

ie you dont actually sell anything relating to your trade on ebay, or stuff that you havent bought to make a profit on?

 

like you mike!!!!!!!!!!!

make sure your backs coverd.

 

i don't think it matters whether your a business or not if your selling goods online for a profit you ARE liable for income tax so be prepared boys

I'm with the traders on this one, if your making money then you should play on the same playing field, that means insurance, tax, phone lines, accountants etc etc etc...

it soon turns a nice side line into a money pit

 

thanks for the dig, i mean advice cosworth rallyesport...
much appreciated

EVERYTHING wether sold on ebay or through REGISTERED business is accounted for, and goes towards my books

end of



carl