Trading Allowance Explained: A Simpler Guide What is it? The Trading Allowance lets you earn £1,000 tax-free per year from certain activities like side hustles, hobbies turning into businesses, or occasional gigs. This covers trading, casual, and miscellaneous income. Think of it as: Selling crafts online Babysitting Renting a spare room Freelance work Car sharing royalties What doesn’t count? Regular … Read More