03/11/2026
Big news for small traders! The tax-free Trading Allowance is set to triple to £3,000 soon, easing your tax worries and paperwork. Find out why this matters for anyone earning from selling or services, and what it might mean for your next big idea. Read on to see if you qualify!
It was announced as part of the Autumn Budget measures that the Trading Allowance will increase from £1,000 to £3,000 from 6 April 2027. The increase will help people earning small amounts from trading or other miscellaneous activities, while reducing the administrative burden of reporting this in...