Online sellers have been warned of a 'ticking time-bomb' over new tax rules which come into force from January

The Low Income Tax Reform Group (LTRG) has accused HMRC of failing to do enough to make online sellers aware they may need to start filing a tax return

The reminder comes after HMRC introduced new rules for side hustle platforms at the start of 2024. From January 1, digital platforms such as eBay, Airbnb, Etsy, Amazon and Vinted have been required to share seller information, including the number of sales made and amount of money earned, with HMRC.

HM Revenue and Customs has reminded people who use 'side-hustle' apps such as Vinted, eBay and Airbnb that they may need to register for a self-assessment tax return