Side Hustle - Income
Side Hustle - Income
Income earned on the side separate to regular income like employment 👨💼
If you earn £1,000 then no Self Assessment and tax is due
The use of platforms like
EBay
Vinted
Amazon
Gumtree
Any online platforms
The Govt are planning possibly by 2029 to increase 🆙 this to £3,000
It is important ✅ either way to keep records of this type of selling and buying
HMRC have sophisticated systems and access to certain platforms
Please note if you are selling items second hand and irregularly then there is no ❌ tax issue or reporting required
If you feel like you have to report past income or current income then please feel 🆓 to get in touch
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