Birdwatch Note Rating
2024-01-02 22:34:29 UTC - HELPFUL
Rated by Participant: 9AE90952994AE8681ACB8489E8A3D80A781E87A409478C4D4BBA18CFB84A7580
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