Start Something
Got an idea? Start small.
The money side of starting a side hustle or business, in plain English — what it costs, what to charge, and what to tell HMRC.
What will it cost to start?
A startup checklist, plus repayments on a 6% Start Up Loan.
OpenWhat should I charge?
The hourly rate you need to hit your take-home after tax.
OpenSide hustle tax
What you keep from side income on top of your job.
OpenSole trader or limited company?
Cost, tax, paperwork and risk side by side.
OpenSelling on Vinted and eBay
What the HMRC reporting rules actually mean.
Open£0to register as a sole trader. Most side hustles start this way.GOV.UK
£1,000a year of trading income is tax-free under the trading allowance.GOV.UK
6%fixed interest on government-backed Start Up Loans of £500–£25,000, repaid over 1–5 years, with 12 months of free mentoring.British Business Bank
TL;DRStarting something is cheaper than most people think. Keep your costs low, track every sale, and tell HMRC once you make over £1,000 a year.
Receipts · checked 9 November 2026
- GOV.UK — Set up as a sole trader
- GOV.UK — Tax-free allowances on property and trading income
- British Business Bank — Start Up Loan — £500–£25,000 at 6% fixed
- GOV.UK — Companies House fees — £100 to incorporate online