No side hustle tax has been introduced, says HMRC

People selling unwanted items online can continue to do so with confidence and without any new tax obligations HMRC has confirmed. The reminder comes as online platforms start sharing sales data with HMRC – a new process that when announced earlier this year caused a lot of confusion in the national press that a ‘side hustle tax’ was being introduced.

HMRC emphasises that ‘whether selling last year’s festive jumper getting some money back for a child’s outgrown baby clothes or quietly offloading an unwanted Christmas present or two – absolutely nothing has changed for online sellers’.

Angela MacDonald HMRC’s deputy chief executive officer said: ‘We cannot be clearer – if you are not trading and just occasionally sell unwanted items online – there is no tax due. As has always been the case some people who are...