Upgrading & selling off old kit locally - some conecrns?

JoyceEB

New member
Hey! I've lurked for a few weeks now but never really had anything to contribute so didn't join. I'm looking to sell off some gear (got buyers lined up already) but the gear was gifted to me a while back and not used much as it wasn't my thing.. I'm sure you get what I mean ;) I'm not sure if I have to pay tax on the money I get or not? I've had a look around this tax site (see here) but still not sure. I am self employed (UK based) so do my own self assessment on my income, should I put this money on it?

Cheers! :)
 
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