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HMRC launches new tool to check if YOU need to pay extra tax – check now or risk 100 fine [Video]

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HMRC has launched a new tool to help you check if you need to pay extra tax and avoid being slapped with a £100 fine.

If you make money through a side hustle, like selling things online or through content creation, then you may need to report your earnings to the taxman.

HMRC has launched a new tool to help you check if you need to pay extra taxCredit: Alamy

New rules were introduced at the beginning of this year to help the government crackdown on people who earn extra income through various side hustles.

So whether you rent out your tech on Fat Llama, drive for Uber or freelance on Fiverr – your income is now reported directly to HMRC.

This includes millions of people who sell their clothes online too.

Platforms like Depop and Vintedhave really soared in popularity in recent years as an easy way to earn some extra …

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