400,000 Brits could save at least £380 next year with new rule

4 days ago 12

Rommie Analytics

Woman in glasses photographs clothing laid out on a bed in a cozy bedroom using her smartphone, selling second-hand items.
A new tax change is coming in from April 2027 that will benefit side hustlers (Picture: Getty Images)

An old jumper here, a neglected party dress there; for passionate Vinted-using Brits, the future of selling clothes is going to look different.

That’s because from April 2027, small business traders – including Vinted and eBay sellers – will benefit from an increase in the tax-free threshold.

Announced by Chancellor John Healey, the threshold will increase from £1,000 to £3,000, meaning you’ll now be able to keep more money from those side hust...

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