You can get up to £1,000 a year in tax-free allowances for property or trading income from 6 April 2017. If you have both types of income, you’ll get a £1,000 allowance for each. For more detail see the HMRC notes
A reminder to higher rate tax payers that tax relief on mortgages taken out to buy residential properties to let will be restricted to basic rate tax relief only. For more details see the HMRC notes. https://www.gov.uk/government/news/changes-to-tax-relief-for-residential-landlords
See CronerTaxwise summary of budget provisions Do let us know if you would like to discuss any particular announcements in more detail.