DEFINITION OF TRADERS:
Most people who sell at boot sales probably don't consider themselves to be in trade, despite perhaps selling at such sales several times a year.
So, when does the law consider you a trader? There is no hard and fast rule, but ask yourself the following questions:
- Are the goods you are selling your personal property? If not, and you buy goods specially to resell - for example, from auction websites, newspaper adverts or a cash and carry - you are very likely to be a trader
- Do you attend boot sales regularly, once every couple of months or more? If so, you are likely to be a trader even if boot sales are not a major source of income
- Do you employ anyone to help you with sales? If so, you are probably a trader
- Do you sell similar goods at other venues - for example, markets, in the street or from home? If so, you are almost certainly a trader
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