Liverpool Echo
Liverpool Echo
UK · 2 hrs ago

HMRC warning to anyone earning more than £1,000 extra income

NewsUK & World NewsHMRCThe £1,000 threshold covers all side hustle income combined15:30, 26 Jul 2026Updated 15:56, 26 Jul 2026HMRC is reminding people across the UK to check if they need to register for self assessment and declare their income. The warning is directed towards those earning more than £1,000 from side hustles such as content creating.‌Whether you get cash in hand or money paid straight to your bank account, you'll need to tell HMRC so you can avoid any tax surprises. It's your responsibility to tell HMRC about your side hustle income when you need to. If not, there may be consequences such as unexpected tax bills and penalties.‌HMRC stated on the official government website: "The £1,000 threshold covers all side hustle income combined – so someone earning £600 from wedding p
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