>> Just sold it on locally for £100 profit.
>>
How do you calculate your profit? Did you not have some work done on your car by your "mech" and valeting by yourself? What is the net profit after you account for your time, expenses, NI, and tax. Someone used to claim on HJ's forum that selling cars like you have done could be construed as trading.
Last edited by: John H on Fri 14 May 10 at 09:25
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