UK triples tax-free side-hustle allowance to £3,000

The amount Britons can earn from a side hustle without paying tax will rise from £1,000 to £3,000 in April 2027, the UK budget confirmed. Up to 1.4 million people could benefit; about 400,000 will see tax bills fall by an average of £380, and roughly 100,000 will no longer need to report trading income to HMRC.