For many Nigerians in the UK, a side hustle is a great way to earn extra cash—whether it’s selling homemade goods, running a delivery service, or even content creation. But did you know that if you make more than £1,000 in a tax year, you may need to declare your earnings to HMRC?
👉🏾 Don’t let tax catch you off guard! Check out this guide to understand the rules and avoid unexpected bills: https://taxhelpforhustles.campaign.gov.uk/
Do You Need to Pay Tax on Your Side Hustle?
Your extra income might count as ‘trading’, which means you could need to register with HMRC. Here’s what you need to know, depending on your hustle:
🔹 Selling goods online or in-person? Check if your sales count as a taxable business.
🔹 Doing gig work like deliveries or Uber? Find out when you must report earnings.
🔹 Freelancing or juggling multiple jobs? Learn how self-employment tax works.
🔹 Making money as an influencer? Sponsored posts and YouTube earnings may be taxable.
🔹 Renting out property? Whether it’s Airbnb or a second home, know the tax basics.
Take the Hassle Out of Your Hustle
Understanding your tax obligations early can save you from penalties and stress later. Stay compliant and keep your side income working for you!
👉🏾 Get the full breakdown here: https://taxhelpforhustles.campaign.gov.uk/ #SideHustleUK #NaijaUKConnect #TaxHelp
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