Avoid these 10 mistakes when flipping motorcycles

There are lots of things that you should do when it comes to buying a motorcycle. But you also need to know what mistakes to avoid. Below you will find a list of the common mistakes you should avoid. 1. Overpricing a motorcycles This is the most common mistake made when selling a motorcycle. You … Read more

Do I have to pay tax on the profits I make flipping motorcycles?

If you are making a profit of over £1000 per annum flipping motorcycles you will have to notify HMRC and pay tax on any profits. But if you make under £1000 HMRC have introduced a tax free allowance to cover “self-starters” with small, hobby-based businesses. So if you flip a motorcycle and make a profit … Read more