The Independent

Martin Lewis explains new tax rules to anyone making money with online side hustles

Source: Times Radio

Martin Lewis on Wednesday explained the new HMRC rules to anyone making money by selling on sites like eBay, Vinted, or Airbnb.

The MoneySavingExpert.com (MSE) website founder wrote On X/Twitter: “In brief, there is no new tax. Unless you are ‘trading’, selling your old stuff isn’t taxed.

“Only sales over £1,700than 30 items a year are reported.”

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