What is the £1,000 trading allowance?
Under £1,000 you can usually ignore HMRC. Over it you register, and you choose between the allowance and your real costs. Here is how it works, with sums.
Short, plain guides with the sums worked out. Every post says which tax year its figures are for and where they came from.
Under £1,000 you can usually ignore HMRC. Over it you register, and you choose between the allowance and your real costs. Here is how it works, with sums.