Birdwatch Note Rating
2024-01-02 22:41:37 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 905431F299C00A11B5EE22E165009D8CB45FADD0AAF31D09D5650F26E4E85F10
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