Thread: Memorabilia Moving house and selling F1 momentos and collectibles - question about tax on them?
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Old 4 May 2018, 10:51 (Ref:3819368)   #5
JohnMiller
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JohnMiller should be qualifying in the top 10 on the gridJohnMiller should be qualifying in the top 10 on the grid
Quote:
Originally Posted by MGDavid View Post
If you buy stuff as part of your hobby or pastime, then (maybe years) later sell it (due to downsizing for instance) then any 'profit' is not taxable.

You might want to look up CGT more than BGT!
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