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    • rocketqueen
    • By rocketqueen 5th Mar 18, 5:27 PM
    • 108Posts
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    rocketqueen
    Is tax free 1000 trading allowance now law??
    • #1
    • 5th Mar 18, 5:27 PM
    Is tax free 1000 trading allowance now law?? 5th Mar 18 at 5:27 PM
    Does anyone know if the 1000 tax free trading allowance for self employed income has come into effect?

    The Gov.uk website shows it has but I asked HMRC via their customer services and they have said today that it is no longer applicable?
Page 1
    • TheCyclingProgrammer
    • By TheCyclingProgrammer 5th Mar 18, 7:22 PM
    • 3,176 Posts
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    TheCyclingProgrammer
    • #2
    • 5th Mar 18, 7:22 PM
    • #2
    • 5th Mar 18, 7:22 PM
    Yes it has, as of the current tax year.

    https://www.gov.uk/guidance/tax-free-allowances-on-property-and-trading-income
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