People making money from Christmas crafts, seasonal market stalls, or selling festive items are being urged to check if they need to tell HMRC about their earnings.
As the festive season approaches, HMRC's Help for Hustles campaign is reminding anyone earning extra income from activities like making Christmas decorations, upcycling furniture for seasonal sales, or running market stalls, that they will need to tell HMRC if they earn more than £1,000.
The campaign’s guidance explains the important distinction between simply decluttering homes by selling unwanted personal belongings – which doesn't usually require reporting to HMRC – and trading activities like making items to sell for profit, which may be taxable.
To find out more and check if you need to report any additional income, click the button below.
