Finance Fact Library

Self-Employment and Property Income

Tax-free allowances for side income, and the Making Tax Digital rules for sole traders and landlords.

Making Tax Digital for Income Tax

When sole traders and landlords must keep digital records and send quarterly updates to HMRC, based on their income from self-employment and property.

Trading, Property and Rent a Room Allowances

The tax-free allowances for small amounts of income from self-employment, renting out property, and letting a furnished room in your own home.