Birdwatch Note Rating
2024-01-03 13:38:12 UTC - HELPFUL
Rated by Participant: 0F8AACE12F4B39C1CD668FE19857DB66F41FA4D9A030D9CDF17C2B8EF31943EB
Participant Details
Original Note:
The amount of tax you need to pay has not changed. Digital platforms will be required to collect information on how much their users make. HMRC says people selling off clothes or items that they originally bought at a higher price will not be liable for tax on that income. https://theguardian.com/money/2024/jan/01/selling-goods-online-be-warned-hmrc-will-soon-know-about-it https://www.express.co.uk/finance/personalfinance/1842417/HMRC-tax-taxman-side-hustle-second-hand-clothes-digital-platforms-raid
All Note Details