Birdwatch Note Rating
2024-01-02 21:56:06 UTC - HELPFUL
Rated by Participant: 18D11353575240CBDDEA5786EE00E354D266C367ACDC3E2251E7E16F5496505D
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