Back
Tax ReliefUK-wide

Trading Allowance

HM Revenue & Customs

Description

Covers the first £1,000 a year of trading, casual, or miscellaneous income tax-free, and if you stay under that you don't even need to register for Self Assessment for that income. You can't combine it with claiming your actual expenses against the same income, though — it's one or the other, so it suits people with very low costs more than those with significant outgoings.

Amount

£1,000 tax-free trading/casual income per year

Deadline

Rolling / no fixed deadline

Eligibility summary

  • Available across the whole UK (England, Scotland, Wales, and Northern Ireland).
Notes
Cannot be combined with claiming actual expenses against the same income.

Want help with this application?

This one is usually simple enough to do yourself using the free official link below — but if you'd rather have help, we're building relationships with vetted professionals and can let you know if that becomes available.

Some of the organisations we may connect you with pay us a referral fee if you use their service. This never affects which listings you see in the directory. No live partner is confirmed yet for this listing.

You can also do this yourself for free via the official source

How to apply

Automatic if income is under £1,000; no need to register for Self Assessment for that income alone.

View official source

Last verified: 1 August 2026. See the footer disclaimer — this is general information, not financial or tax advice.