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Go Back   Madabout Kitcars Forum > Mad Build Area > General Build Chat

General Build Chat Area for general build chat, questions, tips, tricks and progress

 
 
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Old 15th October 2018, 11:09
Horseworth Horseworth is offline
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Join Date: Oct 2018
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Default Sell old weekend car to fund a kit?

Hey!
I'm looking to get rid of my old MG TF (bit of a mid-life crisis mobile, but still good fun to drive) and get something a bit more raw and powerful. The MG I have is quite new as far as TFs go (2010) so still worth a little bit lol. I was wondering if I'd be taxed any if I bought this? This salary calculator gives me some numbers but I'm not convinced selling this will be income so really not sure if I pay tax or not, so could use some confirmation before I pull the trigger and stick it on AutoTrader

Cheers!

Last edited by JG; 16th October 2018 at 21:04.. Reason: SPAM Post and link
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