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  • RE: selling on ebay

    Just closed my eBay account. I buy a shirt in May for £30 wear it maybe 6 times then decide I would like to sell it on eBay. It goes for £15. Bought out of taxed income. Loss of £15 on purchase price but have. A) got some money back B) recycled / saved from throwing away. If this was a one off then no problem. But no, I do this with lots of personal possessions. Shoes, golf clubs, old records/CDs etc. it sends me over the 30 per year limit (ridiculously low) and past the £1,000 threashold (again, ridiculously low). What has the world come to when you can’t even sell your old stuff you have bought and paid for out of taxed income without the HMRC wanting their grubby little cut.