Posts Tagged ‘Finance Bill’

Micro-trader tax breaks get the chop

Thursday, May 11th, 2017



Over 600 pages of the 2017 Finance Bill have been hastily axed in order to pass the Bill prior to parliament being dissolved.

Unfortunately, two of the casualties of this cull were the micro-trader and property allowances which were due to take effect from 6th April 2017.

As things stand taxpayers are advised to record all sources of income regardless of how small and to watch this space for further information.