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16 Nov 16
08:17
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Date Joined:
27 May 11
A teenage businessman who made £100,000 selling road tax reminders has pocketed £2 million from his first property deal bankrolled with his original windfall, it has been reported.
Harvey Millington, 14, is said to have achieved the windfall after selling a three-acre block of land he had bought for only £40,000 to a housing development company.
The Mirror revealed Harvey's budding business interests in May 2015 when, aged 13, he had set up one of Britain's fastest growing businesses - selling reminder tax discs to jog forgetful driver's memories.
The teen, who wants to be a policeman, was receiving up to 400 orders a day for paper discs, which remind motorists to renew their tax or MOT.
Harvey Millington, 13, from Taunton in Somerset, who has started a business making tax and MOT reminder discs
Harvey made a £100,000 profit selling road tax discs (Photo: SWNS)
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After the rule changed the year before, hundreds of people had found themselves unwittingly clamped for having an untaxed motor.
Harvey's business, Tax Disc Reminder, was such a hit after just eight weeks of trading that he had raked in a whopping £3,000 from selling the paper reminders at £4 a pop.
Now The Sun reports the teen from Taunton, Somerset, used his profits to invest in a site he originally intended to use to launch a glamping site for upmarket campers.
However, the teen quickly change direction when he received a surprise off he could not run down after the developers had bought surrounding property and needed his land.
Harvey Millington, 13, from Taunton in Somerset, who has started a business making tax and MOT reminder discs
Harvey says the property deal was too good to turn down (Photo: SWNS)
READ MORE
This schoolboy made £3,000 in just 8 weeks as the head of one of Britain's fastest growing businesses
“The neighbouring farmers were happy to sell up and they now needed our land so they could start building," he told The Sun.
“I wasn’t sure how much they were going to offer for the land, but they came up with £2million.
“It’s a massive amount, especially for someone at my age.”
________________
Who pays for reminders the DVLA already send out themselves for free?
Harvey Millington, 14, is said to have achieved the windfall after selling a three-acre block of land he had bought for only £40,000 to a housing development company.
The Mirror revealed Harvey's budding business interests in May 2015 when, aged 13, he had set up one of Britain's fastest growing businesses - selling reminder tax discs to jog forgetful driver's memories.
The teen, who wants to be a policeman, was receiving up to 400 orders a day for paper discs, which remind motorists to renew their tax or MOT.
Harvey Millington, 13, from Taunton in Somerset, who has started a business making tax and MOT reminder discs
Harvey made a £100,000 profit selling road tax discs (Photo: SWNS)
READ MORE
Lotto millionaire who issued boyfriend with hilarious list of Ibiza rules flashes fake boobs bought with her winnings
After the rule changed the year before, hundreds of people had found themselves unwittingly clamped for having an untaxed motor.
Harvey's business, Tax Disc Reminder, was such a hit after just eight weeks of trading that he had raked in a whopping £3,000 from selling the paper reminders at £4 a pop.
Now The Sun reports the teen from Taunton, Somerset, used his profits to invest in a site he originally intended to use to launch a glamping site for upmarket campers.
However, the teen quickly change direction when he received a surprise off he could not run down after the developers had bought surrounding property and needed his land.
Harvey Millington, 13, from Taunton in Somerset, who has started a business making tax and MOT reminder discs
Harvey says the property deal was too good to turn down (Photo: SWNS)
READ MORE
This schoolboy made £3,000 in just 8 weeks as the head of one of Britain's fastest growing businesses
“The neighbouring farmers were happy to sell up and they now needed our land so they could start building," he told The Sun.
“I wasn’t sure how much they were going to offer for the land, but they came up with £2million.
“It’s a massive amount, especially for someone at my age.”
________________
Who pays for reminders the DVLA already send out themselves for free?
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Replies: 11
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is he 14 or 13?
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as for the question, it's covered in the cost of the tax innit?
Seriously, who would buy one of these kid's discs? Some people simply have too much money. |
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You get a letter reminding you and my mot station puts reminder text month before for free.
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a great story but 1.01 anxious says he is a spiv
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However, the teen quickly change direction when he received a surprise off he could not run down after the developers had bought surrounding property and needed his land.
Brilliant sentence by the Mirror reporter. He should go far. |
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They are to go in your car where the old tax disk went, with the date etc on them.
They can be customised according to the buyer and have like flags on them. I suppose I could see some attraction for some people, like SNP or Britain First supporters finding another reason to stick a ****ing flag on something to let everyone else know just how damned "patriotic" they are. |
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Is that sentence unedited? That's like ... Anxious level. If it had spiv or Murdoch in it, we'd know his day job
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This lad is an example of the rampant grab grab grab of cash by out of control capitalists. This is a stain on the democracy of our country.
He should be in school instead of robbing the working class and children less well off than him!!! It's not that I am jealous but |
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GIVE US THE MONEY!!!!!!!!!!!!!!
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you need money to make money.
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profound
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