Gateway Parts

Do I have to pay tax on buying computer parts from a store, building the computer ans selling it on eBay?

I am living in Australia. I would like to know, if I was to buy computer parts from a store, and put the computer on eBay and sell it for a small profit, do I have to pay any tax or declare it as a source of income? I am currently a University student, and would plan on selling 1 - 2 computers per fortnight, and expect a profit up to $150.00 per computer.

Public Comments

1. Well of course any profit is taxable (as is all income). In most countries you have a tax-free allowance, which should eliminate any tax in your circumstances.