Hello!

I'm looking to sell some of my guitars (not all is lost! keep reading (; ) and upgrade to something nice. I'm thinking of going to a 7/8 string for extended range which I think would be quite fun, as I often play in lower tunings for a fatter sound and huge deep chords. However a few of them I haven't paid any UK tax/VAT on (bought abroad and imported - god knows how I managed to do it without customs sniffing my arse! However now it's got to the point of selling I'm a little concerned about that and was wondering if I will end up paying tax on the money from the sale or something. This income tax website says I am in the 20% tax band - would I pay that on the money from it?

Not a clue how this works so was hoping someone here could point me in the right direction.

Many thanks in advance!