Clear, practical guidance on UK tax for individuals, landlords and businesses, covering everyday obligations, planning opportunities and important deadlines.
Recent articles from this topic and all its specialist areas.
Business rates, rather than council tax, are payable on non-domestic properties. The rates are worked out by applying the relevant…
For capital gains tax purposes, residential property gains have their own, harsher, rules. Not only is taxed charged at a…
The High-Income Child Benefit Charge (HICBC) is a tax charge that operates to claw back child benefit where the claimant…
Rising interest rates mean that individuals may now be paying tax on their savings income which previously they received it…
The 2024/25 tax year starts on 6 April 2024. Although many of the rates and thresholds are the same as…
VAT can be confusing at the best of times, with the reverse charge being arguably one of the more complex…
Rising interest rates have forced many landlords to sell up. When selling an investment property, capital gains tax is payable…
Tax codes are fundamental to the operation of PAYE. If your tax code is correct, you should pay the right…
It is often said that inheritance tax (IHT) is a voluntary tax, and one that can be avoided if you…
Individuals making capital disposals do not pay capital gains tax if their net gains for the tax year (chargeable gains…
Paying National Insurance contributions allows individuals to earn qualifying years, which in turn provides them with entitlement to the state…
Working Tax Credit is a UK government support program aimed at assisting employed individuals or families with lower incomes. This…
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