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Do I have to pay tax on my earnings?

Guidance for Hosts on whether tax is due on their Stashbee earnings

Updated over 10 months ago

Any earnings you make from renting out your space will be classified as "property income" for tax purposes.

According to current regulations, the first £1,000 in trading income that you make in a year is tax-free and doesn't need to be declared to HMRC.

You will have to pay income tax on any earnings above £1,000 per year. You can find current government policy and instructions on how to pay any tax due here.

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