<p>Up to 1.4 million people could benefit from change to trading allowance announced in budget, with some saving hundreds in tax</p><p>The amount Britons can earn from a side hustle without paying tax will rise to £3,000 next year in a fillip for those who make extra cash from hobbies or reselling.</p><p>Up to 1.4 million people could benefit from the change announced in the <a href="https://www.theguardian.com/uk-news/budget-2026">budget</a>, with the chancellor confirming the tax-free “trading” allowance will increase from <a href="https://www.gov.uk/government/publications/income-tax-increasing-the-trading-allowance/increasing-the-trading-allowance">£1,000 to £3,000</a> in April 2027.</p> <a href="https://www.theguardian.com/politics/2026/oct/30/uk-side-hustle-tax-free-allowance-rise-3000">Continue reading...</a>
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UK side-hustle tax-free allowance to rise to £3,000 next year
<p>Up to 1.4 million people could benefit from change to trading allowance announced in budget, with some saving hundreds in tax</p><p>The amount Britons can earn from a side hustle without paying tax will rise to £3,000 next year in a fillip for those who make extra cash from hobbies or reselling.</p><p>Up to 1.4 million people could benefit from the change announced in the <a href="https://www.theguardian.com/uk-news/budget-2026">budget</a>, with the chancellor confirming the tax-free “trading” allowance will increase from <a href="https://www.gov.uk/government/publications/income-tax-increasing-the-trading-allowance/increasing-the-trading-allowance">£1,000 to £3,000</a> in April 2027.</p> <a href="https://www.theguardian.com/politics/2026/oct/30/uk-side-hustle-tax-free-allowance-rise-3000">Continue reading...</a>