Applicability of standard dedeution for a person having salary and business income

This discussion clarifies which Income Tax Return (ITR) form to use when you have both salary and business income, particularly if you're a part-time accountant earning fees and also a partner in a business. The advice given is to file using ITR 3. Furthermore, it confirms that you are indeed eligible for the standard deduction of £50,000 on your salary income, even if you receive it from multiple firms or as a partner.