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Tax return and taxes
Good morning, do I need to include in my tax return items I had at home and in the basement that I sold for ridiculously low prices?
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Good morning, do I need to include in my tax return items I had at home and in the basement that I sold for ridiculously low prices?
marioelegio
Mentore10 months agoIf the items were your property, if you had them for years and if they were not specifically bought to be sold, the proceeds do not need to be included in the tax return.
If, on the other hand, the cellar is your warehouse for a business reselling used products, in addition to including the margins in the tax return you would need a VAT number (under the margin scheme).
hi
mario