trade allowance

Low Expenses? Claim a Grand

For the year 2017/2018, ie, the period from April 6 2017 to April 5 2018, if your income is  £1000 or less from a trade or from letting property, there will be no tax to pay. If your income from either of the above is over £1000 and actual expenses is below £1000 or unknown because you can’t … Continue reading →