Birdwatch Note Rating
2024-01-03 06:32:36 UTC - HELPFUL
Rated by Participant: E305939CC4CB58CCAC5D98A8850C916FBD4144E5043A038070E5F40E44FAEE04
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