HMRC Cracking Down on Side Hustles (Avoid These Mistakes!)
HMRC is targeting side hustles in 2026, brought on by an increasing number of people making money online on platforms like Vinted and Etsy. This comes as digital platforms are required to report details about their users to HMRC. TIMESTAMPS: 00:00 - Intro 00:25 - Side hustle definition 01:47 - Data sharing 04:37 - Mistake 1 06:38 - Mistake 2 07:20 - Mistake 3 08:20 - What to do WHO AM I: I'm Kiran, a qualified Accountant and experienced tax professional living in the UK. I make videos about finance, tax and investing. MY FILMING GEAR: Camera - https://amzn.to/3FxPlad Microphone - https://amzn.to/4bctKol Tripod - https://amzn.to/3PVWRjR DISCLAIMER: This content, and the ideas presented in it, are for education and entertainment purposes only. Kiran does not provide tax or investment advice. The information presented does not consider the financial circumstances of any investor, and therefore may not be suitable for all investors. Although Kiran is an Accountant, no Accountant-Client relationship is established with the viewer in any way. As an Amazon Associate I earn from qualifying purchases. The product links in the description are affiliate links. This means if you choose to buy something through one of these links, I may receive a commission on the sale, but it makes no difference to you as a buyer.
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