Brace yourselves, the HMRC is coming

[@Kezz321]

Good luck at the carboot. Find that vintage 👌

[@aperture_priority]

James what level of quick books do you have? I’ve been told I need to upgrade but can’t find the benefits

[@monkey39128]

Smashing it fella. Great deal on that Agumon.

[@nat5156]

Nice Video James... hope you do well in 2024 all the best. And thankyou for your time in producing great videos.

[@JamesCollects]

Thanks, you too!

[@tia-jadenewey9220]

I sold that same backpack for £80 last year

[@step9624]

Should be declaring your sales and paying tax if your reselling regardless, obviously if your not making over £12500 profit a year then you don’t have to pay any but you still have to file a self assessment tax return and declare it, not sure why people are acting so surprised about it

[@neildaniels18]

Absolutely. You tubers are going mad. Wonder why eh??

[@step9624]

@@neildaniels18 some of these people who are apparently experts on reselling don’t even have eBay business accounts! They’re still private sellers which is not only against eBay’s terms but pretty sure it’s illegal, not sure why people would think they can just make a living tax free, when I’ve just had to pay 6k for the year doing the same thing

[@JamesCollects]

I think most youtubers would be doing things by the book, It is fun to see the meltdown on Facebook groups though

[@ThePhillydog1971]

Only for resellers..scare mongering really the casual ebayer no need to worry..lol. anyway u still get the 12 grand before tax anyway

[@step9624]

Well if your selling over 1k a year you still have to file a self assessment and declare it, which a lot of people aren’t doing

[@tipsy8201]

🔥