2017/18 £1k Tax allowance on Property and Trading Income
MooreAccounts
MAAT, AAT Licensed Accountant Posts: 14
Never mind!
0
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What was your question/comment?
I'm curious now!0 -
Me too!0
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I think there was an article on this recently in the tax adviser magazine, they seem like straightforward allowances.
Good thing about it is now it takes away a lot of the hobby vs business questions, i.e. if income is more than 1,000 it is likely HMRC will treat it as taxable.0
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