Ticket Sales

[Mike4]

Forgetting the moral questions, can anyone point me in the direction of information on buying and selling event tickets?

I have another full time job but on the side I've been buying tickets and selling them on sites such as Stubhub. I've seen something which suggests I won't have to pay income tax or national insurance as long as my yearly turnover is below £81,000. However I can't find much info on this. I've never been self employed so have very little knowledge on this sort of thing.

Thanks in advance.

[Peter D]

"turnover is below £81,000. " where did you read that. Regards Peter

[Mike4]

On the gov website. Think it may have been for VAT. So I'm guessing I should register myself as self employed and declare the earnings I make, obviously also declaring the cost of the tickets to me in the first place.