The Office of Tax Simplification have published a paper ‘Focus on the ‘Gig’ economy: What does it mean in terms of tax.’

Terminology in use

Tax issues

The OTS paper identifies tax issues and their impact for the parties involved in the gig economy:

The individual worker

The platform operator

The hirer (individual or company offering the gig)

HMRC

The Exchequer

The aim of the focus paper is to promote discussions of the tax issues and their implications.  No formal questions are posed by the OTS, but they would welcome any contributions and observations.

Links

The ‘Gig’ economy: an OTS focus paper 

Allowances: Trading and Property