questionText: To ask the Chancellor of the Exchequer, if she will make an estimate of the cost to the public purse of increasing the Trading Allowance to £3,000.
answerText: The Trading Allowance allows individuals to earn up to £1,000 a year in trading or miscellaneous income tax-free, and this has not changed. The Government is increasing the Income Tax Self-Assessment reporting threshold from £1,000 to £3,000 gross within ...
heading: Personal Income: Tax Allowances