Tax
The £1,000 Trading Allowance and the Platform Letters: What UK Side-Hustlers Actually Owe HMRC
If you sold a few hundred pounds of unwanted clothes online last year, you almost certainly owe HMRC nothing — but
Streamline your finances with expert bookkeeping and payroll solutions. We handle the numbers so you can focus on growth. Get a custom quote today!
If you sold a few hundred pounds of unwanted clothes online last year, you almost certainly owe HMRC nothing — but
The annual CGT exemption fell to £3,000 from April 2026 — but the change everyone missed was the simultaneous tightening of trading vs investing rules for resellers. eBay flippers, Vinted closet-clearers, even concert-ticket resellers are now in HMRC's CGT crosshairs.