Apologies if this has been posted, but I did a search and found nothing:
Got the following e-mail from Ebay today:
"We are contacting you to confirm your account type. Our records show that your account type is currently undefined, because you originally registered on eBay before 2006. Please confirm, before 30 April 2008, if you use your eBay account for personal purposes or for business trading.
E-Commerce is governed by laws which lay down the obligations of sellers and rights of buyers. These laws apply to all internet trading including activity on eBay, but the details vary depending on whether the seller is operating as a private individual or as a business.
If you do not confirm your account type by 30 April 2008, please note that you will be unable to sell on eBay until you complete the confirmation.
Choose a private account if you:
sell items that belong to you and that you do not need anymore
buy things for your personal use
Choose a business account if you do any of the following:
sell items that you have bought to resell
make items yourself and sell them, intending to make a profit
are a trading assistant
buy items for your business "
Anyone else had this? What are the taxman implications for us entrepreneurs?