Do You Have to Pay Tax on Side Hustle Income?

Updated July 2025

Whether you’re selling on eBay, designing on Etsy, or picking up freelance work, side hustle income can add up fast — and HMRC may expect a slice. But when does it become taxable?

The £1,000 Trading Allowance

The UK has a £1,000 trading allowance. This means you can earn up to £1,000 per tax year from self-employment or casual sales without paying any tax or filing a tax return.

This applies to income from:

If your total gross income (before expenses) is £1,000 or less in the 2025/26 tax year, you don’t need to tell HMRC.

When You Must Report Side Income

You’ll need to register for Self Assessment and possibly pay tax if:

Learn more in our guide: Do I Need to File a Self Assessment Tax Return?

Is Selling on eBay or Vinted Taxable?

It depends on whether you’re trading or just selling personal items:

What If You’re Paid Through PayPal or Bank Transfer?

HMRC doesn’t care how you’re paid — if you’re earning more than £1,000, you may need to report it regardless of platform.

From 2025, digital platforms like eBay and Etsy must report seller income to HMRC, so side hustle income is becoming more visible.

Tips for Staying Compliant

More Side Income Guides

Author: Mason from KnowYourPound.co.uk
Making personal finance easier to understand, one guide at a time.