If you're occasionally selling personal possessions via an online marketplace, perhaps old vinyl records or football programmes on eBay, clothes on Vinted or other unwanted things from your loft or garage at car boot sales, no tax is payable. You're just selling off your personal possessions.
AMS Accountancy are on hand to explain how selling at a car boot sale or on the internet can result in having to register as self-employed. It all depends on whether you are trading. If you sell unwanted presents, or items after moving house etc., you need not tell H M Revenue & Customs about this income.
Ask yourself if you need it, want it and whether it's worth it. Above all, when you're out in the fresh air car booting, it's also about having fun. Car boot sales are about buying and selling unwanted stuff, so keep that in mind when you're haggling, or trying to make a sale. The biggest win is the fun of the day out.
An occasional sale is a group of 5 or more trade stalls that are not on a highway or in a building. This might be a small market or a car boot sale. To organise an occasional sale, you need a licence unless the proceeds are entirely for charitable, sporting, religious or political causes.
Price indications should not be misleading. Goods bought duty-free, including perfumes, alcohol and cigarettes, should not be re-sold. Fireworks, firearms, air guns and other weapons should not be sold at car boot sales.
The items that people are most likely to buy at car boot sales are things that want to see and touch in person before they buy. Practical items like books, children's toys, CDs / DVDs (yes, people still buy those) and accessories like belts or even plant pots and garden tools are more likely to sell.
The research also found that the average person selling at a car boot sale came away with £110 in profit: there is, it seems, money to be made. For many car booters, though – whether they're selling, buying to resell or simply sourcing second-hand to keep costs down – it is often not solely about the money.
A normal pitch (£15) is a car selling from one table at the rear of the vehicle. A side on/double pitch (£30) allows for two tables to be placed down the side of the vehicle to sell from.
You can price the items how ever you want but remember the whole idea of a car boot is to get rid on unwanted items (I know some do not see it like that and use it as a commercial venture) therefore price your items accordingly. If you want the items gone, price them fairly but as low as your prepared to take.
I usually make around £100 but sell everything very cheaply and give away things (children's clothes and toys) to customers. The rest goes to charity. It's about 5 hours on the day plus loading car and unloading which I think is great for some cash and clearing house.
NO COUNTERFEIT GOODS (COPIES), KNIVES, PELLET GUNS, ALCOHOL , ANIMALS AND BIRDS MAY BE SOLD. TRADING STANDARDS STAFF INSPECT THE CAR BOOT SALE. DOGS: must be kept on a lead and dog litter removed. PARKING: Please respect our neighbours and private property.
Since the IRS does not consider boot to be “like-kind property”, it doesn't qualify for tax deferment. This means you need to pay capital gains and other applicable taxes on the value of any boot you receive during your exchange.
So, How Much Can You Sell Online Before Paying Tax in the UK? In the UK, you can sell up to £1,000 online without paying tax, thanks to the trading and property allowances. However, if you exceed this amount or are running a business, you'll need to report your income and may be liable to pay tax.
We've got 10 tips on what to do and mistakes to avoid if you want to make money at a car boot sale. Popular items at a car boot sale include clothes, accessories, children's toys, baby goods, shoes, furniture, ornaments, photo frames, jewellery and books.
Car boot sales usually count as 'occasional sales', which must be licensed. An occasional sale is a sale including five or more stalls, stands, vehicles or pitches. There are exceptions to the licensing of occasional sales. Sales held in car parks need a licence, but those held inside buildings or on a highway do not.
Environmental impact. By participating in a car boot sale, you're contributing to environmental sustainability. Selling second-hand goods reduces waste and the demand for new products, which in turn lowers the environmental footprint associated with manufacturing and shipping new items.
Are you allowed to sell new goods? It is fine if you bring along unwanted gifts that are deemed new. However, we are not a market and do not wish to have market stalls within our Car Boot Sales. Our Car Boot Sales are very well attended because our customers enjoy picking up their second hand and retro gear!
What is a Car Boot Sale? It is essentially a combination of a flea market, garage sale, and church bazaar, where individuals sell their goods from the trunk of their car.
A car boot sale is like a giant garage sale where people load up their cars and trailers with clothes, toys, household items, and sporting equipment etc. and sell it to shoppers looking for a bargain or something unique, and those looking to recycle and repurpose.
The fortune of a multimillionaire car boot king who fathered 19 children is at the centre of a £43m family will fight. Richard Scott - who died aged 81 in 2018 - made a fortune running the UK's second biggest boot fair from his "vast" Cheshire farm, where ITV's 'Car Boot Challenge' was filmed.
However, the law states that a car boot sale may be held on non-residential land without specific planning consent for up to 14 days within a calendar year. Be aware that a Covenant or other Legal Agreement may be attached to the use of land which may restrict such a use.
Identify access points, and discuss how, where and when sellers and buyers will arrive and depart – using separate gates if possible. Assemble your team and delegate tasks accordingly. Agree what to charge – usually around £5-10 per pitch.
