HM Revenue & Customs

1063 - Customers awareness of the trading and property allowance

New for the 2017-18 tax year. You can get up to £1,000 a year in tax-free allowances for property or trading income from 6 April 2017. If you have both types of income, you’ll get a £1,000 allowance for each.

Find out more information on property and trading income allowance