EconomyUK side-hustle tax-free allowance to rise to £3,000 next year
The UK budget raises the tax-free trading allowance for side hustles from £1,000 to £3,000 in April 2027, potentially benefiting up to 1.4 million people. An estimated 400,000 will save an average of £380 in tax, while about 100,000 will no longer need to report trading income to HMRC.
TThe Guardian★★★☆☆2026-10-30 07:00Original
UK side-hustle tax-free allowance to rise to £3,000 next year
Economy