Key HMRC October 5 deadline and alert to multiple Etsy, Vinted and eBay sellers

Certain people receiving income from external sources must complete these Self-Assessments HMRC guidelines must be met, the tax authority says

Millions of people across Britain turn to platforms such as Vinted , eBay , and Etsy to earn extra money online. But sellers making more than 30 sales each year need to be clued up on HMRC regulations to dodge potential fines. ‌

Lee Murphy, managing director of The Accountancy Partnership , explained these vital rules in an interview with the Mirror . Although it's easy to lose sight of online income, he urged sellers to keep thorough records to prevent future headaches. ‌

"HMRC uses data provided by the platform, whether this is Etsy, Vinted or even eBay, to match against each individual's tax records," Mr Murphy said. "Tho