If you are buying items to resell for profit, keep records of what you buy and sell. Tax rules depend on your own situation, so use HMRC guidance or an accountant when you need a definite answer.
If you are buying items to resell for profit, keep records of what you buy and sell. Tax rules depend on your own situation, so use HMRC guidance or an accountant when you need a definite answer.
Do not wait until the end of the year to work out what happened. Good records make everything easier.
