400,000 Brits could save at least £380 next year with new rule

A new tax change is coming in from April 2027 that will benefit side hustlers (Picture: Getty Images) An old jumper here, a neglected party dress there; for passionate Vinted-using Brits, the future of selling clothes is going to look different. That’s because from April 2027, small business traders – including Vinted and eBay sellers – will benefit from an increase in the tax-free threshold.Announced by Chancellor John Healey, the threshold will increase from £1,000 to £3,000, meaning you’ll now be able to keep more money from those side hustles. The change will come into place on April 6, 2027, with the new tax year. At the moment, figures from Gov UK indicate around 1.4 million people operate as small business traders. Around 400,000 people are expected to reduce their tax bill by £380 on average, while another 100,000 will likely no longer need to report any income they make from smaller side hustles to HMRC. Over the last few years, the humble side hustle has become increasingly popular, with the rising cost of living meaning that for many, just one traditional salary is no longer enough to make ends meet. In 2025, as many as 2.6 million people made a bit of extra dough selling their belongings online, while in 2024, the same figure was 450,000. Side hustles like Vinted are becoming increasingly popular (Picture: Getty Images) In the UK, some of the most popular ways to make some extra cash include, of course, clearing out your wardrobe and selling on Vinted, as well as things like online tutoring and dog walking. Plus, if you’ve got a parking space in a key area, such as near an airport or sportsground, you can make money renting it out. Ask Metro Use AI to go deeper into the stories you care about – powered by Metro and trusted publications. Websites such as Just Park, and Your Parking Space, allow you to make extra cash from the space you aren’t using. Retailers and restaurants also rely on ‘mystery shoppers’ to check that customers are getting the service they expect. Agencies such as Grass Roots and Retail Maxim will pay you to visit shops or eat at restaurants to check the quality of your experience, if you’re looking for a few suggestions. Websites including Airtasker and TaskRabbit allow you to sign up and complete tasks to make cash. Jobs often include tasks such as pick-up and delivery, assembling flatpack furniture or repairing items of clothing. How’s that for a side hustle? The move could save people around £380 on average (Picture: Getty Images) It seems the times are a-changing, too, as Gen Zs are now supposedly snubbing the concept of a Saturday job, and instead picking up alternative forms of income. In September, a study from NatWest Thrive found just one in seven (15%) 16- and 17-year-olds are making money from a casual role such as working in a clothes shop, stacking shelves or doing a paper round. This is a stark comparison to more than a third (35%) of adults saying they had some kind of Saturday shift or job before school at the same age. The new trend could also be creating a sizeable new teenage economy, with the average youngster having topped up their pocket money by £389 through this means in the last year alone. Deals of the Day This Hoover vacuum is a game-changer for pet owners and muddy homes See London's Christmas lights from an open-top double-decker bus this winter My skin always suffers when the heating goes on but this serum changed that The skincare formula that finally took the guesswork out of my routine Families can save up to 20% on summer 2027 holidays in Club Med's four-day sale That translates to £640,000,000 in side-hustle cash. Do you have a story you’d like to share? Get in touch by emailing MetroLifestyleTeam@metro.co.uk Arrow MORE: The maximum amount of money you should keep in your current account Arrow MORE: Metro’s money expert explains what the Budget means for your wallet Arrow MORE: I’m in £70,000 debt — my wife can never know how I plan to pay it off The Sunday Edit Look beyond the headlines with exclusive articles, emotive interviews and must-read explainers from our expert team of reporters across news, lifestyle and entertainment.