George Ross, who lives in Essex with his wife Amy, started flogging second-hand products after spending years struggling to pay his bills and find full-time work. He now sells clothes, furniture and toys for a living, earning around £35,000 each year from his Retro Reselling business. Finally, if you’re selling online, George says you should be aware of selling fees. George also pays £350 in rent per month for his 175sq ft storage unit which stores all his bits in. If you're setting up your own business selling second-hand goods, you'll need to let HMRC know you're self-employed as soon as possible.

Source: Daily Mirror August 02, 2021 10:41 UTC