Get expert opinion. This is the place for new questions to be posted.
katiew86
Posts: 25 Joined: Sun Feb 19, 2012 1:41 pm
Location:
Hi all
I am honking of having a clear out and selling some things on eBay/car boot. Does this money need to declared to the ip?
Don't think we have the £500 clause
Thanks
Niobe
Posts: 5169 Joined: Tue Jul 03, 2012 9:56 am
Location:
You'll be fine keeping the money. It's,only if its a business that you need to declare it.
A lot of us sell stuff on there,
MelanieGiles
Industry Expert
Posts: 47612 Joined: Tue Jan 09, 2007 10:42 am
Location:
Contact
So long as you are only selling items that were specifically excluded from your IVA, katiew86, I think you will be fine. Nothing like a good spring clean now to generate some cash for Christmas!
Regards, Melanie Giles, Insolvency Practitioner