Philip Hammond, who has been likened to Eeyore, says he is now ‘Tigger-like’ ALAMYPeople letting properties through Airbnb or selling products on eBay need to get their tax affairs in order, because the chancellor has announced a crackdown on those making money from the digital gig economy. Philip Hammond, who used last Tuesday’s spring statement to declare he was “positively Tigger-like” about Britain’s economic prospects, said he would call for evidence “on how online platforms can help their users to pay the right amount of tax”. Millions of people use such internet platforms to earn extra income. However, only half believe they know enough about the tax system to pay any money due, government research shows. It will cover sites such as the property letting platforms Airbnb and SpareRoom; the…

Source: The Times March 18, 2018 00:00 UTC