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flag UK tax agency warns side-hustle earners over £1,000 annually to file taxes or face penalties.

flag The UK's tax agency, HMRC, warns individuals earning over £1,000 annually from side hustles, such as online sales, babysitting, or renting on Airbnb, to file a tax return. flag Earnings from selling a single item for over £6,000 may also face Capital Gains Tax. flag Online platforms like eBay and Airbnb will share earnings data with HMRC to ensure compliance. flag Individuals must report these incomes to avoid penalties.

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