Do I have to pay tax on buying computer parts from a store, building the computer ans selling it on eBay?
Apr 27, 2009 by Rascuache | Posted in Small Business
I am living in Australia. I would like to know, if I was to buy computer parts from a store, and put the computer on eBay and sell it for a small profit, do I have to pay any tax or declare it as a source of income?
I am currently a University
Well of course any profit is taxable (as is all income). In most countries you have a tax-free allowance, which should eliminate any tax in your circumstances.
raysor | Apr 27, 2009
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