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Forum: Bikes - Talk & Issues

22-05-18, 09:12 PM

Replies: 7

Tax woes selling bike?

Views: 1,567

Posted By sputnik

Re: Tax woes selling bike?

There’s a very good reason I don’t get many invites to parties! \\:D/

Forum: Bikes - Talk & Issues

22-05-18, 12:35 PM

Replies: 7

Tax woes selling bike?

Views: 1,567

Posted By sputnik

Re: Tax woes selling bike?

If you want a pedantic answer, the fact that it was a gift is of little relevance here in terms of whether it is taxable on disposal. As the OP says, he acquired it for nothing (his acquisition cost)...

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