What Counts as Taxable Income in the UK?
Not all types of income are taxable. Find out what is classed as taxable income in the UK and what doesn’t count in this guide.
self-employed income tax
HMRC Payments on Account Explained
HMRC payments on account can be one of the most surprising tax bills for the self-employed, especially when filing their first tax return for the first time. Here’s everything you need to know about tax bills for the self-employed, how they work and how to budget for them. Updated 1 July 2021 1. What are Payments …
UK Income Tax Bands
Understand UK income tax bands, the current thresholds and see examples of how much tax an individual would pay depending on their income.
The UK Personal Allowance Explained
The Personal Allowance is set by the UK Government. It is £12,500 for 2019/2020 but it changes every year on 6 April. Here’s how it works and how to claim it.