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MickD

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  1. Hi and welcome from Edinburgh.
  2. Hi and welcome from Edinburgh.
  3. Doesn't make for easy reading but that's what they're looking for.
  4. I don't think HMRC are quite that understanding.
  5. I think that may have been the argument in the Norman Wisdom case law, think he lost.
  6. Nope, I don't think so, badges of trade will take precedence over CGT, I don't think you have a chance arguing that with HMRC.
  7. Aye, so any stacker/collector who has gross income of over £1k has to theoretically file a self assessment. Sell a couple of ounces of gold and there you go............
  8. I think so too, which is a real pain, if you're not making a profit or have no interest in rolling forward losses.
  9. Aye, but the issue here is badges of trade, if HMRC reckon you're trading, it's a different story. I think Norman Wisdom and silver bars is a historical legal case.
  10. The new "trading allowance" In a move to support the digital and sharing economy you can get up to £1,000 each tax year in tax-free allowances for property or trading income from 6 April 2017. Under the new rules, sellers running small businesses online will not be taxed on the first £1,000 profit they make, which means that it does not need to be declared. For me, this is the bit that, causes some confusion as to whether it relates to income or profit. The various bits of guidance that I've looked at are not that clear/can be quite contradictory and I think some tax 'specialists' may not be clear.
  11. I think it's illegal to try to reserve a space like that, might be wrong, sure I'll be corrected soon enough 😊
  12. This is an example of a reproduction Swiss Hunting Thaler:
  13. This is the common bullion type:
  14. Probably one of the most common bullion coins worldwide, think they are still being produced today with a standard date (1780), if it's just the bullion one, it's worth about £12-£14. I think the rarer Thalers are also heavily reproduced/copied.