Quote Originally Posted by pearlescence View Post
HMRC applies the law as it is, not as it might be sometime in the future. So a speculative guide figure will get you absolutely no-where should HMRC decide to investigate your tax arrangements.
Hi pearlescence,

True. I have not started doing business yet and there are others who are thinking about making the transition from hobby to business. I thought they might be interested in following the progress of the 2017 Finance Bill.