Theft of goods from car in driveway
Discussion
So you are running a business without business insurance, without adequate security, do you have business insurance on the car and are you declaring this income to the hmrc? If all is legit, give it a go by all means nothing to lose but if you are breaking the law yourself i'd keep my mouth shut. And get better cctv. Its 2015, theres no excuse for st cctv. Want to buy some decent cctv? I got insurance and tax paperwork and everything.
OldGermanHeaps said:
So you are running a business without business insurance, without adequate security, do you have business insurance on the car and are you declaring this income to the hmrc? If all is legit, give it a go by all means nothing to lose but if you are breaking the law yourself i'd keep my mouth shut. And get better cctv. Its 2015, theres no excuse for st cctv. Want to buy some decent cctv? I got insurance and tax paperwork and everything.
Not really a business as out of the 23 that were stolen, 7 were from my personal collection, 6 were to give to friends at cost price as I got them dirt cheap, 4 were ready to swap with my friend for some of his and 6 were on eBay to sell for £10-£15 a pair to subsidise my purchases... Like I mentioned in my previous post, it's also a hobby, not really in it to make profit, just a bit of beer money on the side! Would the insurance company still see this as business use and invalidate my entire claim or would they pay out due to the circumstances and the fact that I've got CCTV and receipts for everything?Also, with regards to the declaration of profits to HMRC on my self assessment, I hardly think it's worth it if I'm making £20-30 a month profit which goes straight towards my own purchases.
Mandat said:
Will your home insurance even entertain a claim involving theft from your car?
I don't know the ins and outs of insurance, but I would have thought that Direct Line will point you towards claiming off your car insurance policy.
Yes as it's on the driveway I believe it's covered, the only issue is whether they say it's for business use or not, which in my case there's no commercial motive and it's on the smallest scale imaginable..I don't know the ins and outs of insurance, but I would have thought that Direct Line will point you towards claiming off your car insurance policy.
VX Foxy said:
Was the car locked?
97lude said:
without using forced entry
I'm already One thing i learnt many years ago when i had a truck in a pretty secure locked compound surrounded by barbed wire (one easy way to be sued now) is you can leave your truck empty and unlocked so toerags can rifle through it. Or leave it locked so the toerags just cause the extra hastle and expense of a new window to find out there's nothing in it.
I learnt to go with option 1 pretty quickly as the police didn't give a flying foooook
Yes the car was definitely locked as I'm very particular about this. The police did say it's quite common nowadays for criminals to be able to get into a car without the original key by intercepting the signal when you lock the car or something along those lines. This issue is apparently very common with Ford Transits who the police said get broken into on a very regular basis without any evidence of forced entry.
Mandat said:
Will your home insurance even entertain a claim involving theft from your car?
I don't know the ins and outs of insurance, but I would have thought that Direct Line will point you towards claiming off your car insurance policy.
Car insurance is intended to cover the car - not its contents. Some car policies include a very limited amount of cover (of the order of a couple of hundred quid) for things like tools or a satnav which would normally be left in the car all the time - but there's no way you can claim for a boot full of trainers on your car policy.I don't know the ins and outs of insurance, but I would have thought that Direct Line will point you towards claiming off your car insurance policy.
Home/contents insurance will cover your posessions while they're outside yoir home if you have the appropriate add-on (usually called personal posessions cover).There's normally a clause to say that theft from an unattended car will only be covered if the posessions were stored in a locked boot or similar.
97lude said:
Not really a business as out of the 23 that were stolen, 7 were from my personal collection, 6 were to give to friends at cost price as I got them dirt cheap, 4 were ready to swap with my friend for some of his and 6 were on eBay to sell for £10-£15 a pair to subsidise my purchases... Like I mentioned in my previous post, it's also a hobby, not really in it to make profit, just a bit of beer money on the side! Would the insurance company still see this as business use and invalidate my entire claim or would they pay out due to the circumstances and the fact that I've got CCTV and receipts for everything?
Also, with regards to the declaration of profits to HMRC on my self assessment, I hardly think it's worth it if I'm making £20-30 a month profit which goes straight towards my own purchases.
I think you should tell HMRC, it should go alright.Also, with regards to the declaration of profits to HMRC on my self assessment, I hardly think it's worth it if I'm making £20-30 a month profit which goes straight towards my own purchases.
If your Home Insurance covers it, they will normally require the stolen items to be in a locked and concealed boot or locked glove box.
Assuming you get over the above hurdle you will then need to demonstrate possession of the items eg receipts etc and then that they were not business stock.
I would be very surprised if you succeed with this claim
Assuming you get over the above hurdle you will then need to demonstrate possession of the items eg receipts etc and then that they were not business stock.
I would be very surprised if you succeed with this claim
97lude said:
Not really a business as out of the 23 that were stolen, 7 were from my personal collection, 6 were to give to friends at cost price as I got them dirt cheap, 4 were ready to swap with my friend for some of his and 6 were on eBay to sell for £10-£15 a pair to subsidise my purchases... Like I mentioned in my previous post, it's also a hobby, not really in it to make profit, just a bit of beer money on the side! Would the insurance company still see this as business use and invalidate my entire claim or would they pay out due to the circumstances and the fact that I've got CCTV and receipts for everything?
Also, with regards to the declaration of profits to HMRC on my self assessment, I hardly think it's worth it if I'm making £20-30 a month profit which goes straight towards my own purchases.
how do you get 800 quids worth of stock for your new business from 6 pairs of trainers you were hoping to sell for as little as 60 quid?Also, with regards to the declaration of profits to HMRC on my self assessment, I hardly think it's worth it if I'm making £20-30 a month profit which goes straight towards my own purchases.
Hugo a Gogo said:
97lude said:
Not really a business as out of the 23 that were stolen, 7 were from my personal collection, 6 were to give to friends at cost price as I got them dirt cheap, 4 were ready to swap with my friend for some of his and 6 were on eBay to sell for £10-£15 a pair to subsidise my purchases... Like I mentioned in my previous post, it's also a hobby, not really in it to make profit, just a bit of beer money on the side! Would the insurance company still see this as business use and invalidate my entire claim or would they pay out due to the circumstances and the fact that I've got CCTV and receipts for everything?
Also, with regards to the declaration of profits to HMRC on my self assessment, I hardly think it's worth it if I'm making £20-30 a month profit which goes straight towards my own purchases.
how do you get 800 quids worth of stock for your new business from 6 pairs of trainers you were hoping to sell for as little as 60 quid?Also, with regards to the declaration of profits to HMRC on my self assessment, I hardly think it's worth it if I'm making £20-30 a month profit which goes straight towards my own purchases.
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