Selling off old hardware - tax question?

Poseeut

OSNN Newbie
Joined
21 May 2018
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Hi :) I'm looking to get rid of a bunch of old hardware I have lying around. I was wondering if selling it off would count as taxable income, as I will more than likely profit from it (a lot of it I got super cheap from a company I used to work for who burnt through equipment hilariously quickly...). Looking at this income calculator tool I would go into the next tax band if it was taxable and sold for what I'm looking to get out of it. Should I be bothered about this? It's a fairly significant amount of hardware and definitely a decent amount of money so it wouldn't surprise me if the government would want a slice of it. This can only really be answered by someone who knows the UK tax system/laws, but any input will be much appreciated!

Thanks in advance :)

Edit: added link and deleted dupe post that contained link.
 
Last edited by a moderator:

Poseeut

OSNN Newbie
Joined
21 May 2018
Messages
2
Office PC equipment like monitors, stands and thin pcs from one of their offices that closed down, a few servers. It's not a huge amount of money as such but would likely go over into the next tax band here in the UK. I'm only worrying a bit because I paid nothing or very little for most of it so it would mostly be income.

Also - thanks to the moderator who fixed the post. I think my computer was having a hard time!
 

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