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10.Darren works full-time at a post office while collecting stamps as a ho been purchasing stamps, weekly from a specialist catalogue for the last also

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10.Darren works full-time at a post office while collecting stamps as a ho been purchasing stamps, weekly from a specialist catalogue for the last also regularly purchases 'mystery bags' of stamps from weekend fairs tha on sporadic family outings. From these 'mystery bags' he acquires a 'doubles'. He regularly sells these doubles to his friend, Laura, who stamps. Darren sometimes takes requests from Laura, for specific stamp find them at these fairs. He keeps his stamps in pristine quality, catalogue he has, and spends time preserving them in chronologically-ordered recognizes in a number of years' time they will significantly appreciate. wishes to pass them onto his son, Basil, as their fondest memories t sitting in the lounge room, at the fireplace, while they go through th stamps together. Is Darren carrying on a business? Yes, he is carrying on a business, due to the orders he takes from the stamps they are seeking. No, he is not carrying on a business. It is a hobby. . Yes, he is carrying on a business, he knows that the stamps wil value in a number of years' time, and holds onto them in pristir for this reason. Yes, he is carrying on a business, as he has a profit making intenti for carrying on a business, reflected by his knowledge that the appreciate in value

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