In case it's under anyone's radar the above was first mentioned in the spring budget and again in the autumn budget. There's little detailed info out there to date I can find which isn't a million miles from the link and not being a financial advisor its best if you have a read yourself and make your own mind up. One thing I can advise on is it's no good to for the big players.
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http://www.ukbudget.com/2016-measures/new-trading-and-property-income-allowances-aimed-at--micro-entrepreneurs-.aspx
In case it's under anyone's radar the above was first mentioned in the spring budget and again in the autumn budget. There's little detailed info out there to date I can find which isn't a million miles from the link and not being a financial advisor its best if you have a read yourself and make your own mind up. One thing I can advise on is it's no good to for the big players.