October Newsletter

Team Update

We’re delighted to welcome Erik Molnar to our team as an Accounts Manager. Erik is an ACA qualified accountant with a wealth of experience. Fun fact – before moving into accountancy, he was actually a secondary school maths teacher; so we’ll be watching out for any surprise homework!

We’re equally thrilled to announce that Annie McIntyre has stepped into the role of Personal Tax Manager. Many of you will already know Annie and we couldn’t be happier to see her take on this new position.

Finally, we’re proud to share that our MD, Matt Rogers, has completed additional training and is now a certified Profit Improvement Coach. A Profit Improvement Coach:

• Understands your numbers, inside out
• Truly cares about you, your family and your peace of mind
• Goes beyond filing tax returns to provide clarity, direction and space to dream

Matt is passionate about supporting business owners who feel stuck working long hours and missing out on life’s most enjoyable moments. Often they say “I’m fine” but underneath, they feel overwhelmed, tired and trapped.

Matt’s approach is backed by training that’s real, practical and tested. His work is rooted in empathy, experience and purpose, so you can be confident your business success is his top priority.

If you’d like to benefit from Matt’s expertise, take a look at the Clear Vision Leadership Support Package that he provides.

Together with the rest of our experienced team, we’re always here to support and guide you with your business needs and personal taxes. We look forward to continuing to work with you and delivering the exceptional service you expect from Clear Vision!

Selling Goods or Services on a Digital Platform

From 1 January 2024, new rules applied in the UK for anyone who sells goods or services through a digital platform. Under these rules, platform operators may need to collect details about you and report your earnings to HMRC.

A digital platform means any website, software or mobile app that lets users sell or offer goods and services.

Who Counts as a Seller?

You’re considered a seller if you register on a platform to sell goods or services, even if you’re not directly providing them. This includes:

• Offering personal services, such as food delivery, taxi driving or freelancing
• Renting out property or transport
• Selling goods

This applies whether you’re an individual (like a sole trader) or an entity (like a company).

Information You Must Provide

Digital platform operators will ask for certain details, depending on whether you’re an individual or a business.

If you’re an individual seller they’ll ask for your:

• Full name
• Residential address
• Date of birth
• Tax identification number (your National Insurance number if you live in the UK)

If you’re an entity seller they’ll ask for your:

• Legal business name
• Main business address
• Tax identification number (company registration number for a UK company)

They’ll also need to know the country that issued your tax identification number.

If you’re a UK partnership renting out property, you’ll also need to provide the address of each property listed on the platform.

Platform operators may also ask you for other details, such as your phone number or email address, to verify your identity.

Reporting by Platforms

Digital platform operators in the UK must report your details and your income from the platform to HMRC each year. The reporting period is the calendar year (1 January to 31 December). Reports must be submitted to HMRC by the following January. For example, income earned between 1 January 2025 and 31 December 2025 will be reported by 31 January 2026.

Exceptions

Your information will not be reported if, in a calendar year, you:

• Make fewer than 30 sales of goods in a calendar year
• Receive less than 2,000 euros (about £1,700) for those sales

If you live outside the UK, HMRC may share your information with the tax authority in your country, if it follows the same rules.

Information You Will Receive

Platform operators must give you a copy of the information they report to HMRC. This report will:

• Show your total income from the platform, for the year, minus any fees, commission or taxes the platform deducted
• Break down the amounts by quarter

The report is for information only – it does not mean you automatically owe tax. It is designed to help you keep track of your income and assist with your tax return, if required.

Remember, the UK tax year runs from 6 April to 5 April, which is different from the calendar year used in platform reports.

Selling Online and Paying Tax

Just because a platform reports your details to HMRC does not mean you always owe tax. You may need to pay tax if:

• You are trading (e.g. buying or making goods to sell at a profit)
• Making a capital gain

You’re unlikely to owe tax if you’re just selling personal items from your home, such as unwanted clothes, furniture or items stored in your garage or loft.

If you are trading, you’ll need to pay tax on your profits.

To check whether you need to declare your income from online selling, take a look at GOV.UK’s guidance.

Employment Rights Bill Update

The Employment Rights Bill was first published on 10 October 2024, introducing wide-ranging reforms across several key areas. Alongside the Bill, the government released its Next Steps to Make Work Pay document, setting out plans for further reform.

The most recent amendments were made on 15 September 2025. The Bill is now due to return to the House of Lords, after which it is expected to receive Royal Assent. Some of the changes introduced by the Lords are significant; if accepted, they would substantially alter the government’s original reform agenda.

How We Can Help