Explaining the ‘side hustle tax’

Digital platforms such as eBay, Etsy, Airbnb, Amazon and Vinted are now required to share seller information with HMRC, as of 1 January 2024.  Under the new rules, HMRC will receive a breakdown of revenue generated by platform users, which HMRC will use to match up against submitted Self-Assessment tax returns to ensure that the […]

Five things you need to know about Self-Assessment tax returns

Filling in your tax return can seem daunting, especially if you haven’t completed one before. With the Self-Assessment tax return deadline looming, we’ve outlined five things you need to know about the all-important tax return to ensure you’re paying correctly and on time. 1. What is Self-Assessment? So, you need to report your taxable income […]