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Do I have to pay tax if I sell through ebay,Godaddy and Sedo.com?

Posted 2 February 2014

I am University student. Now I want to sell domain names through ebay.,Godaddy and Sedo.com as an individual. My question is, do I have to pay tax,if so how am going to register? Please give any information I need to know.

TaxTim Marc TaxTim Marc said:
3 February 2014 at 6:02

How much do you expect to make in profits each year?

Mlambi said:
3 February 2014 at 8:55

I think it would be less than R40000

TaxTim Marc TaxTim Marc said:
3 February 2014 at 14:44

Then you will not have to pay any taxes as the current tax threshold is for income over R67 111.

Mlambi said:
3 February 2014 at 15:43

Thank you

TaxTim Marc TaxTim Marc said:
3 February 2014 at 16:09

Only a pleasure!

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