Recent content by Neobass

  1. N

    Sole trader

    OK that's put my mind to rest, it most expensive item was £4000. Thanks for your help!
  2. N

    Sole trader

    Hi, yes that's how its always been. It got me thinking as I applied for a mortgage and they reviewed my last 3 months bank statements for all accounts. They queried some of the large deposits in my personal account. I clearly stated that it was for old items they I sold off which they were...
  3. N

    Sole trader

    But I'm a little concerned that if some of the personal items sold would be deemed something I should pay 'Tax' on?
  4. N

    Sole trader

    Hi all I am a sole trader and have a separate business and personal account. I also have a joint account with my other half that have a standing order to pay myself a 'wage'. I sold some personal items I have had for few years through friends and they put the money into my personal account...