4 ms·
> It's so much easier in the US. If you're an individual it's going to be taxable income, but there's no up-front paperwork to do In the UK it's even simpler i
by adwww 6y ago
> It's so much easier in the US. If you're an individual it's going to be taxable income, but there's no up-front paperwork to do
In the UK it's even simpler if you are recieving less than £1,000 a year in donations or similar. HMRC have basically decided taxing people's side hustles would costs more than it returned. https://www.gov.uk/guidance/tax-free-allowances-on-property-and-trading-income#trade https://www.gov.uk/guidance/tax-free-allowances-on-property-...