Birdwatch Note Rating
2024-01-03 11:00:26 UTC - HELPFUL
Rated by Participant: 193511B564BCF715AF6FA04FBEF6682AD2657F2AC9E1718E62D02AFDC86BC49E
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