v5 trade section

if im buying a vehicle and selling again in short space of time am i ok filling the logbook in as a trader? been told different things, one person has said that anyone can do this, but someone else has said he thinks i'd have to be a registered business and the tax man would b looking into things.
cant find much on this by googling it

Try ringing VOSA or dont fill in the V5.

it's the seller that fills in the V5 now and any seller that doesn't is a lunatic as they are responsible for any tax / sorn / speeding / parking issues with the vehicle until they do.. I presume you are trying to reduce the number of keepers... don't see the point any more myself, any more than one owner and you haven't got a history from new but if it still makes a real difference to the value or saleability then call the lovely people in Swansea...

Do what you want. The good people of the dvla don't give a flying ****.

was interested cos bought a bike cheap and selling asap. prob wont of got logbook back in my name by then, thats y people use the trade part. just i wudnt want the taxman after sum of my profit. does the dvla share details about trade buyers with the taxman?

si844 said:

was interested cos bought a bike cheap and selling asap. prob wont of got logbook back in my name by then, thats y people use the trade part. just i wudnt want the taxman after sum of my profit. does the dvla share details about trade buyers with the taxman?

Click to expand...

Probably but they'll only bother with people moving a lot of vehicles. The odd one will go unnoticed.