Side Hustle Tax Is NOT New!

There has been a fair bit of chatter online about a new side hustle tax that came in from 1 January 2024, but in fact this is NOT a new tax at all.  All that has changed is that online marketplaces (such as Amazon, Airbnb, Deliveroo, eBay, Etsy and Uber) must now report directly to HMRC […]

60% Workers Looking For A Side Hustle In 2023

The latest findings from leading independent job board CV-Library reveal that 58.2% of UK workers are planning to take on a side hustle in 2023, driven by the twin priorities of job security (62%) and earning more money (38%).   As the cost of living continues to bite, 76.6% of those considering taking on a […]

Side Hustles Common Amongst Young Professionals

Two thirds of professionals under the age of 24yrs claim to have a ‘side hustle’ – with 74% stating it is ‘too risky’ to focus on just having one job as they may have done pre-pandemic. In a poll of 6,000 professionals, undertaken by recruitment consultancy Robert Walters, 54% of young professionals expressed a desire […]

Young Business Owners Increase Five Fold

There has been a staggering five fold increase in business owners aged under 24, which has soared from 1.7% to 8.6% of all businesses.  Data from website hosting platform GoDaddy and the University of Kent has revealed that the pandemic acted as a “gale of creative destruction”, forcing many businesses to close whilst also opening […]