Property and trading income will be included in the tax-free allowance for individuals from April 2017, the Chancellor has announcedOnline merchants and short-term landlords were given a gift in the budget, with two new £1,000 tax-free allowances offered on income from those sources.Intended to boost the number of “micro-entrepreneurs” who make small amounts of money online, the tax breaks were introduced by the chancellor, George Osborne, with specific reference to the online marketplace eBay and the short-term lettings site Airbnb. Continue reading…
Source : theguardian.com
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