Warning: Have You Received Income From Online Sources?
Lots of people sell good or services online through platforms such as Ebay, Etsy and Amazon, and income earned in this way should be declared to HMRC. Similarly, if you generate income from your social media presence as an influencer or by creating content for platforms such as YouTube, TikTok or Instagram, this income must […]
Gig Workers Not Told They’re Covering Royal Mail Strikes
Royal Mail has attempted to use gig workers hired via the platform Ryde to provide cover for their striking staff – but according to one such worker they weren’t told anything about the industrial action. Bryn Atkinson said: “Today I could have done other work, but I’ve been hired through the Ryde app that says […]
Gig Economy Workers Are Happier Than Employees
Gig economy workers are more likely than the general workforce to be happy with the flexibility, control, training, and earnings their work gives them, according to a report just published by the Social Market Foundation. The project was sponsored by Deliveroo, which signed a legal contract with the SMF ensuring the think-tank’s complete independence over […]
HMRC Should Better Advise & Support Gig Workers
In response to a government call for evidence, the Low Incomes Tax Reform Group (LITRG) have pointed out a number of flaws in how individuals working in the gig and sharing economies are taxed. Currently, they are expected to fit within the Self Assessment tax system, i.e. be responsible for declaring their taxable income annually […]