< News & Insights
| September 4, 2025
S1. E2. Side Hustles - When Does Extra Income Become Taxable? - Ad Valorem
1 minute
Podcast
In this episode of Let’s Figure It Out, hosts Luke and Sophie sit down with Regan Saffhill, Tax Manager at Ad Valorem, to unravel one of the most common questions today – when does a side hustle become taxable?
We’re diving into:
- The £1,000 trading allowance and what it really means
- How to know if your extra income needs reporting
- Common mistakes side hustlers make with tax
- Tips to track income and expenses the smart way
- Quick-fire tax tests, side hustle horror stories, and one-minute advice from Regan
Whether you’re selling, teaching, creating, or renting out a spare room – this episode is packed with practical insights, real examples, and a few laughs along the way.
👉 Tune in and take the guesswork out of your side hustle tax.
