SPECIAL STATUS CHANGE TO PRO

Question

HELLO I AM GOING TO SWITCH FROM INDIVIDUAL TO PROFESSIONAL (philately and collectible items) IS IT POSSIBLE TO USE MY OLD STOCK WITH INVOICES? AND HOW DO I DECLARE IT

lingma85 · Accepted Answer

Hello @unikebo

The inventory (or your old stock) that you plan to use to supply your eBay account concerns your personal accounting... and possibly proof of a purchase for resale if the site asks you for proof of provenance.

So, it does not need to be declared on the site, but will be shown in your accounting documents depending on the tax status of your accounts at the time of the balance sheet if you are under the real or simplified real regime... not under AE..

Regards