Juttni786
Joined: 8/21/2024
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Personal allowance - Self assessment
Hello, I have recently learned about trading, property and dividend allowance a part from personal allowance. I want to know what if a person has an income from wages and consumed his full personal allowance but also have other incomes from trading (hire out equipment) , rental property and dividend from a ltd company. Can he get tax free allowance of £1000 for trading £1000 from rental and £500 for dividend income on top of personal allowance?