A warning has been issued as HMRC is set to make a huge change to tax rules for Brits with side hustles next year. From January 1, HMRC has instructed digital platforms to record how much money people make by selling their services on them.
The changes will impact anybody with an Airbnb, Fiverr, Upwork, Uber, Deliveroo and Etsy side-hustle. The HMRC move is part of a wider tax crackdown on people boosting their income via side hustles, freelancing and self-employment.
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This is what the folk who bang on about no losing cash should be advocating for ha.