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My understanding is that tax is only due on profits from 'trading'. If you buy stuff with the intention of selling it on, it's trading. 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. In any event who keeps records of what they paid for 'hobby' items? in case their partner found out!).
You used to be able to churn up to 6 vehicles per year without attracting HMRC's interest, not sure if that still applies.
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