Mark McLaughlin highlights the potential tax implications for individuals undertaking activities to earn extra income.
Early in 2025, HM Revenue and Customs (HMRC) ran a ‘Help for Hustles’ campaign to support people who earn extra income to understand the extent of any tax obligations.
Nice little earners
HMRC has published a guide ‘Take the hassle out of your side hustle’ (taxhelpforhustles.campaign.gov.uk/), which covers five common sources of additional income:
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Buying or making things to sell;
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‘Side gigs’ (e.g., making deliveries);
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‘Working for myself doing multiple jobs’ (e.g., dog walking, online tutoring);;
