Do I need to pay tax on selling a vehicle I won?
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Hey @WA_Legend,
Depends, did you use the vehicle for business or private?
Once we know a bit more, we can give you an accurate response.
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Hey @WA_Legend,
Depends, did you use the vehicle for business or private?
Once we know a bit more, we can give you an accurate response.
It would fall under private use. If you won a vehicle in a raffle and sold it immediately after getting the vehicle transferred into your name. Would you have to pay tax?
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