Policy paper
Income Tax: new tax allowance for property and trading income
This tax information and impact note gives guidance on a new tax allowance for property and trading income.
Documents
Details
This measure introduces a new tax allowance for property and trading income each of 拢1,000 for tax year 2017 to 2018 onwards.
Updates to this page
Published 5 December 2016
Last updated 17 April 2018
show all updates
-
Further advice section updated with a link to the 'tax-free allowances on property and trading income' guidance.
-
First published.