Sellers have been urged to check if they need to act

Some people who sell on online sites such as Ebay, Vinted or Depop or those who rent out rooms are being told to take action now or risk an automatic £100 fine

HMRC has issued a deadline for those who have made money from selling items on websites such as eBay, Etsy and Vinted. Failure to declare earnings could result in a fine of £100

The deadline for registering to be a self-assessment taxpayer is 11:59pm on Saturday, October 5 for those who need to pay self-assessment taxes for the 2023/24 tax year

October 5 marks the self-assessment registration deadline - meaning you need to notify HMRC if you've received more than £1,000 income over the past year and haven't yet paid tax on it

Millions of Brits could be required to file a self-assessment tax return for the 2023/24 tax year - with the deadline to register just hours away