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Vintage Star Wars Collecting
Vintage Collecting Chat
Capital Gains Tax
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<blockquote data-quote="ODB" data-source="post: 565452" data-attributes="member: 2079"><p>I'm not up with the latest on Tax but if memory serves (if its just the vintage Star Wars Toys) these are likely to be viewed as Non Wasting Chattels by HMRC so subject to the £6k limit, but be wary of the set rules as that would negate the £6k per item rule. Best to get some specialist advice especially with HMRC looking to take a more proactive look at the likes of Ebay, Paypal and cash transactions.</p></blockquote><p></p>
[QUOTE="ODB, post: 565452, member: 2079"] I'm not up with the latest on Tax but if memory serves (if its just the vintage Star Wars Toys) these are likely to be viewed as Non Wasting Chattels by HMRC so subject to the £6k limit, but be wary of the set rules as that would negate the £6k per item rule. Best to get some specialist advice especially with HMRC looking to take a more proactive look at the likes of Ebay, Paypal and cash transactions. [/QUOTE]
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Vintage Star Wars Collecting
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Capital Gains Tax
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