Tag Archives: trading allowance

The £1,000 Allowances – What are they?

The area of tax is full of reliefs and allowances.  Knowing what these are allows you to plan your tax affairs and reduce the tax you need to pay.  One such allowance is what we refer to as the £1,000 allowance.  Actually there are two areas where you are entitled to a £1,000 allowance so […]