I am still a Full time university student, and as I do Egyptology, and I have to go to Egypt anyway, I was thinking that in my next trip to Egypt, I could buy about 5-6 original belly dancing costumes (they cost about 30 pound there) and then, bring them to the UK and sell them on ebay. Now, the average price of these costumes in the UK is about 100 pounds, so I could triple my money, and put aside some money to cover my university fees. See prices here for example:http://www.turkishemporium.co.uk/belly-d...Does it sound good to you? If I try to sell them on ebay, will I get taxed for that? Anybody knows? Does my plan sound any good?.--Answer1:Sounds lucrative to me. Belly Dance costumes are in increasing high demand.Selling on ebay is income - you would include it when figuring your income tax for the year. Dont forget to deduct the cost of the costumes, and the ebay fees. Only the profit is taxable income.
0 comments:
Post a Comment