Birdwatch Note Rating
2024-01-02 21:20:07 UTC - HELPFUL
Rated by Participant: 57031B56EB18196AE39A92E654456295DD497D519543760F0ED22F0F0D954E0F
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