Side hustles: threshold for having to fill in UK tax return to triple to £3,000

Side hustles: threshold for having to fill in UK tax return to triple to £3,000

Tax, Self-assessment tax, Consumer affairs, Money, Income tax, UK news Business | The Guardian

​Change affecting up to 300,000 people does not mean they will pay less tax and may not happen, in theory, until 2029Up to 300,000 people with side hustles ranging from selling clothes online to dog walking are to be freed from the chore of having to do a self-assessment tax return.The government said this week it wanted “to make it easier for Britons to make the very most of their entrepreneurial spirit”. Continue reading… 

Change affecting up to 300,000 people does not mean they will pay less tax and may not happen, in theory, until 2029

Up to 300,000 people with side hustles ranging from selling clothes online to dog walking are to be freed from the chore of having to do a self-assessment tax return.

The government said this week it wanted “to make it easier for Britons to make the very most of their entrepreneurial spirit”.

Continue reading… 

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