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The taxman is coming for your resale side hustle

The taxman is coming for your resale side hustle

Those looking to make a buck through resale platforms including Vinted, eBay, and Depop will now have their earnings taxed by HMRC. Can we have anything at this point? So, you wish to supplement your national insurance contribution, rent, road tax, pension, student loan, and eye-watering living expenses with a simple side hustle? How embarrassing. The UK’s greedy hand will soon extend to resale apps like Vinted, eBay, and Depop as...

By London, UK
RBI issues a ‘get out of debt (relatively) free’ card

RBI issues a ‘get out of debt (relatively) free’ card

A new circular from the Reserve Bank of India allows willful defaulters and fraudsters to make compromise settlements with banks. In a turnaround from its 2019 guidelines, which dealt harshly with willful defaulters and fraudsters, in June 2023, the Reserve Bank of India published a series of circulars which make these borrowers eligible for compromise settlements. Now, those who have purposely misused the funds lent to them or refuse...

By London, UK
Report says recession leaving Gen Z the worst off

Report says recession leaving Gen Z the worst off

A cost of living crisis, stagnant wages, and shrinking economies are leaving young people worst off, according to a new study. Many Gen Zers are unable to save or invest for the future. This may not come as much of a surprise, but it turns out Gen Z may be financially struggling more than any other generation. New survey data from financial services company DailyPay found that only 28% of...

By Bristol, UK
Study shows Gen Z hide interests to seem cooler when dating

Study shows Gen Z hide interests to seem cooler when dating

Research from Candy Crush Saga reveals that young people have concealed an interest from a date in fear of being judged. Dating can be hard, especially when you feel the need to hide your true self. Last year, half of Gen Zers admitted to hiding their true personality when away from social media, and a new study found that the same goes for your hobbies when seeing someone. A survey...

By London, UK