🎧 Listen Now: Sidehustles.co.uk One-Minute Podcast: Is Airtasker a Good Side Hustle?
Airtasker is one of several gig websites and service marketplaces in the UK. Through the app, people who need help with various tasks can find contractors called 'Taskers' with the skills to accomplish the project or chore. Tasks range from assembling furniture to cleaning bathrooms.
Thanks to this business model, many people have been trying the Airtasker app as a side hustle. Is the job worth it? How does it compare to other similar sites, like
TaskRabbit? We’ve shared an informative guide below to help you understand if Airtasker is a good side hustle. Let’s dive into it.
Airtasker is a service marketplace platform where you can find jobs in your area in exchange for cash. The company has been around since 2012, established in Sydney, Australia. However, Airtasker has since expanded and now serves several other countries. The company has a significant presence in the UK, competing with popular gig sites like TaskRabbit.
Airtasker can provide a steady income stream through the available tasks thanks to the established customer base. Taskers in more popular cities like London can expect more jobs, even at night. The more complex tasks you do, the higher pay you get.
Before earning with Airtasker, you must first register as a tasker. Here’s how to do it.
Now that you’re registered as a tasker, your next step is finding jobs. There are plenty of niches available in the app. These include the following and more.
To find jobs, check your dashboard and the available tasks on the map. Click the task to see the full details and how much the client will pay you. If you find the conditions acceptable, click “Make an Offer” and indicate the amount you will accept for the task.
Once you’ve finished the task, you’ll get paid. We’ve found that it usually takes three to five days before the bank transfer reflects, so keep this in mind to set your expectations.
Receiving payment on Airtasker is relatively straightforward. After performing a task, you get paid, and the money gets transferred to your registered UK bank account. One thing you have to consider is the service fee. This will be charged to you, becoming a deduction from the agreed-upon payment. The service fee is usually between 10% to 15% of the task price, so keep this in mind. The higher your tier as a Tasker, the lower your service fee.
According to Airtasker, their top-performing taskers earn around £10,000 monthly. This amount translates to around £62 hourly. Reaching this amount takes a lot of effort, and you’ll essentially be turning this role into your primary job.
The great thing about Airtasker is that many of the tasks usually pay a high amount, with some reaching hundreds of pounds per job — these are usually the ones that take a few days to complete or ones that require niche skills.
Right after registration, you may not know how much you should charge per hour. One way to determine suitable rates is by exploring the Airtasker website as a client. Check out the rates for specific niches and follow them.
We advise you to start on the lower end and gradually increase as you gain more experience. For example, you can begin charging £40 for TV wall mounting. As you take on more projects, you can up your rate to as high as £59.
Should you be paying taxes as an Airtasker? Yes, if you reach the £1,000 annual income threshold. You will be working as an independent contractor, so you’re technically a sole trader. If you earn over £1,000, you must register with HMRC for self-assessment. So, ensure you track your earnings to avoid inaccuracies when filing your tax returns.
Is Airtasker a better choice than TaskRabbit? How do these two popular apps compare? We’ve also reviewed TaskRabbit and were impressed by its popularity and the number of tasks available. You set your prices, and the user chooses you based on their needs.
The hiring model is a bit different in Airtasker, where you make an offer to an app user, who can either accept or reject you based on factors such as your prices. The service fee is also another significant difference. In TaskRabbit, the customer pays it, not the tasker. Thankfully, Airtasker usually pays a lot more than TaskRabbit, which compensates for the additional charges.
Airtasker is a great gig site that lets you connect to users who need various types of services, from furniture assembly to landscaping. Many of the tasks involve manual labour, so make sure you have the skills and strength to perform these jobs before becoming a tasker.
The app shines with its great payout, lack of payout threshold, and make-an-offer model, which helps you avoid lowball offers. However, the same approach to hiring can become a disadvantage if customers want lower fees. The service charge is also another drawback you have to consider.
Given these facts, we still think being a Tasker under Airtasker is worthwhile. There aren’t any registration fees, and you don’t need to invest in training and materials if you’re already good at a certain niche. The only thing you’ll have to “spend” is your time and effort as you perform the tasks.
As we conclude our exploration of Airtasker and its potential as a side hustle, it's crucial to stay informed about other opportunities in the gig economy. In our next article, we delve into TaskRabbit, a key competitor to Airtasker. If you're keen to broaden your horizons and discover more ways to generate income, our forthcoming piece, "How To Make Money On TaskRabbit," is an essential read. We'll unpack the ins and outs of TaskRabbit, offering insights and tips on maximising your earnings on this popular platform. So, stay tuned for our next article to equip yourself with the knowledge to thrive in the dynamic world of gig work.
Remember, each platform has its unique features and benefits, and understanding these can significantly impact your side hustle success. Don't miss out on this valuable information – it could be the key to unlocking new earning opportunities. Keep an eye on our website for the latest insights and tips in the gig economy.
🎧 Listen Now: Sidehustles.co.uk One-Minute Podcast
Is Airtasker a Good Side Hustle?
Welcome to the Sidehustles.co.uk One Minute Podcast. In the next 60 seconds, we're sharing a real-world insight from our network of seasoned side hustlers. This quick tip is designed to offer you practical advice that you can apply immediately in your side hustle journey.
Today we're exploring if Airtasker is a good side hustle. In the versatile gig economy, an invaluable tip for small business owners is to embrace the power of diversity by signing up for multiple platforms, such as Airtasker and TaskRabbit. This approach isn't just about widening your income streams; it's a strategic move to understand and tap into a broader market. By being active on various platforms, you gain a comprehensive view of consumer needs and trends across different demographics. This insight is crucial for tailoring your services to a wider audience. Additionally, each platform has its unique client base and task types, offering varied opportunities for business exposure and networking. By leveraging these platforms, you're not only enhancing your earning potential but also gathering market intelligence and building a diverse client portfolio, essential for the growth and resilience of your small business in a competitive landscape.
That's your one-minute real-world insight. Stay tuned for more!
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