If I m selling my kids 's unwanted clothes and toys on trademe,do I need to pay tax or let the IRD knws?and I jst sold my unused car,should I included the money I received as my income when filling the personal income form ?作者: cynoshello 时间: 2013-7-6 19:36:12
Thanks for all these info.thanks. ^^作者: bubugu 时间: 2013-7-7 11:00:33
If you are a professional trader you also need to pay tax also.
Who is a professional trader? The definition of professional trader under statutes is very broad and basically covers every regular online auction seller. It doesn't matter if you think of it as a hobby or if you've kept your day job - regular traders are professional traders regulated by law.
To get an idea if the seller is a professional trader, look at their previous sales. If they have several listings for the same type of item, or if they have sold similar items in the past, they are probably a professional trader. It doesn't matter if they think of it as a hobby or if they've kept their day job.
Your rights
In most situations, professional traders selling through online auctions have exactly the same responsibilities as people selling through traditional methods like shops or mail order. These are set out in the Fair Trading Act (FTA), Consumer Guarantees Act (CGA) and Secondhand Dealers and Pawnbrokers Act.作者: mojo76 时间: 2013-7-7 15:49:45