EBay has pretty decent reporting tools, no need to track anything separately. Obviously your prerogative to do whatever you deem necessary - but there are a lot of misconceptions on this one and I think it's important to correct, there is no tax liability if you're just disposing of personal possessions. Nuance around high value possessions (not toy trains) and CGT notwithstanding!

Anyway, the buying bit is more fun!

There are certain elements of the regulatory world who love to get one over on you, rightly or wrongly.

So when you've been nicked for spending more than 30 seconds in the middle lane of the M69 by a vigilante with a dashcam who particularly didn't like BMW drivers, and who subsequently had to break the law by speeding to overtake me, but didn't get done because he reported me, you realise the world is not a fair place, and that everyone is out to get you 

I track all my retail purchases and EBay (or other) sales for that very reason.

They can send everything they want, you still don't owe tax!

Quote from: njee20 on Yesterday at 06:00:57 PMNo need to wait for tax years and what not, you can dispose of personal possessions with impunity, no tax owed.

Of course you and I know that, but EBay loves to send details to the taxman if you sell more than £1000 a year, whether it's a business or not. More importantly, from January to March, people are generally recovering from Christmas, and because my stuff is looked after well (aka stored well) I'd like to get the most I can - not that I'm ever going to be in profit (there's another thread on that, I believe).

Bob

No need to wait for tax years and what not, you can dispose of personal possessions with impunity, no tax owed.

Quote from: Newportnobby on April 14, 2026, 11:27:48 AMI was speaking to @Hailstone and he told me he has 3 x Moguls on pre order + other stuff so Lord only knows what @Bob G has on order. He'll probably be having ½ a dozen light pacifics at the least!!

It's a quiet year in N gauge land.
3 x Peaks and 2 x class 33s have already arrived.
Future spend will cover a Mogul, a Manor, 4 WC/BB (down from 5 as I'm being frugal) and 2 Ivatt 2MT. Oh and two Revolution 313 PEP units, a Gresley Buffet and a Gresley Full Brake. Maybe some YEOMAN bogie tipplers if they are ready.

And I'm not allowed to mention the expense of building the OO layout. Shhh. I might have got away with it! 

But as it's a new tax year, and I've closed my business, I have about £3k's worth of acquisitions to photograph, and sell, to offset the buying habit.

Top of the list of sales will be a BNIB Dapol Evening Star Pines Express set,
a 1970's era Tamper Brass kit with Kato chassis, hand made, painted and weathered by Dave Jones,
a BNIB green/SYP class 20 D8158 and a BNIB blue/FYP disc class 20 20048.
Offers on these are more than welcome to start the year off.

Bob G

Why would you want to?

No Australians drink Fosters. That's why they export it.

Around here you couldn't buy a can of Fosters to save your life.

What? I thought Foster's was the best? Croc Dundee had me drinking it...


https://www.youtube.com/watch?v=oyi1RbKTbpY

Ah the old question of VB and Fosters.

I was working at Carlton United brewery many years ago and the people I was with told me the Fosters brew was exactly the same as VB.

Hmm! not sure if they were joking or not.