![a blue sky with white fluffy clouds, some clouds formed like a pound sign a blue sky with white fluffy clouds, some clouds formed like a pound sign](/sites/default/files/styles/responsive_4_3_600w/public/2024-03/6_trading_allowance._frentan.jpg?h=c3e4c661&itok=cYtWfeIO)
Trading allowance
The trading allowance is available to those with trading or miscellaneous income. The allowance is sometimes also known as the trading and miscellaneous income allowance, or hobby allowance. On this page, we look at when you are entitled to the trading allowance and how it is applied....