Thread
: Memorabilia
Moving house and selling F1 momentos and collectibles - question about tax on them?
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4 May 2018, 10:51 (Ref:3819368)
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JohnMiller
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Join Date: Jun 2003
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Quote:
Originally Posted by
MGDavid
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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