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UK side-hustle tax-free allowance to rise to £3,000 next year

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This story was selected and curated by our editorial team in the Business category. Published on October 30, 2026 • Originally reported by Zoe Wood. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.

Up to 1.4 million people could benefit from change to trading allowance announced in budget, with some saving hundreds in tax

The amount Britons can earn from a side hustle without paying tax will rise to £3,000 next year in a fillip for those who make extra cash from hobbies or reselling.

Up to 1.4 million people could benefit from the change announced in the budget, with the chancellor confirming the tax-free “trading” allowance will increase from £1,000 to £3,000 in April 2027.

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