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tax on money from selling unwanted goods to second hand traders

  • 01-07-2017 3:00pm
    #1
    homerun123
    Registered Users, Registered Users 2 Posts: 13 ✭


    I have a load of books, cds and other bits and pieces that I can sell to various shops around town. Anyone know have to pay tax on these sales? The total amount of money I'd get in return for everything is probably less than 200 euro.

    Thanks!


Comments

  • #2
    Atlantic Dawn
    Registered Users, Registered Users 2 Posts: 84,733 ✭✭✭✭Atlantic Dawn
    M


    You already paid tax on them when you bought them, why would you pay tax a 2nd time?


  • #3
    Kristopherus
    Registered Users, Registered Users 2 Posts: 11,907 ✭✭✭✭Kristopherus


    No tax. Sell away to your heart's content.


  • #4
    uck51js9zml2yt
    Closed Accounts Posts: 18,268 ✭✭✭✭uck51js9zml2yt


    homerun123 wrote: »
    I have a load of books, cds and other bits and pieces that I can sell to various shops around town. Anyone know have to pay tax on these sales? The total amount of money I'd get in return for everything is probably less than 200 euro.

    Thanks!

    You're not making a profit from them!..so no


  • #5
    BorneTobyWilde
    Registered Users, Registered Users 2 Posts: 36,895 ✭✭✭✭BorneTobyWilde


    Hate these threads where people want to run to the government that is ripping them off left right and center with tax from a simple cash sale of a few goods.


  • #6
    endacl
    Registered Users, Registered Users 2 Posts: 22,409 ✭✭✭✭endacl


    BorneTobyWilde wrote: »
    Hate these threads where people want to run to the government that is ripping them off left right and center with tax from a simple cash sale of a few goods.
    First one I've ever seen.


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  • #7
    Peregrinus
    Registered Users, Registered Users 2 Posts: 26,992 ✭✭✭✭Peregrinus


    Sebastian Weak Penicillin wrote: »
    You're not making a profit from them!..so no
    Profit or no profit, there'd be no tax unless the OP is carrying on a trade of dealing in second hand goods and/or is registered for VAT.


  • #8
    ThumbTaxed
    Registered Users, Registered Users 2 Posts: 377 ✭✭ThumbTaxed


    BorneTobyWilde wrote: »
    Hate these threads where people want to run to the government that is ripping them off left right and center with tax from a simple cash sale of a few goods.

    How?

    If you can't stomach having to pay tax maybe stop browsing the tax thread?


  • #9
    BorneTobyWilde
    Registered Users, Registered Users 2 Posts: 36,895 ✭✭✭✭BorneTobyWilde


    ThumbTaxed wrote: »
    How?

    If you can't stomach having to pay tax maybe stop browsing the tax thread?

    Pay too much tax. What I mean is if I were to find a 100 euro note on ground I would not be running down to the revenue with it. I'm sure when a taxi driver gets a 50 euro tip from a well off tourist he doesn't floor it and speed down to Revenue to declare it . Cash is a merry go round, one gets it and spends it and round and round it goes. As long as one has their tax in order I would not be worried about the OP and the selling of a few books.


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