Are you wondering what income tax is, who has to pay it and what reliefs exist to help you pay less tax? You’re in the right place! Here you’ll find essential reading to help you learn more about income tax, what types of income are taxable and the reliefs available.
Wondering whether you need to do a self-assessment tax return because you earn more than £100,000? Then read on! In this guide, you’ll find out who needs to fill in a tax return because their income exceeds £100,000, whether it can be avoided and where to find more guidance on completing a tax return.
Find out about the personal allowance restriction which affects UK individuals who earn more than £100,000 during one tax year.
ISAs are a tax-free way of saving money in the UK, designed to encourage individuals to save money. Find out how much you can invest, the types of ISAs available & what happens if you withdraw your money.
Income tax is a type of tax you pay on your earnings – find out about what it is, how you pay, check you’re paying the right amount and the reliefs available to reduce what you pay.
HMRC has admitted making mistakes when calculating self-employed entitlement to the SEISS grant meaning thousands have been overpaid.
The complete guide to sole trader taxes, filing tax returns and claiming expenses, reliefs and allowances that reduce your tax bill.
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.
The main income tax allowances and reliefs that reduce the amount of tax you have to pay. The ones you can claim depend on your personal circumstances and business spending.
Understand the personal savings allowance including how UK taxpayers can benefit from tax-free savings, how it affected their personal allowance and how much they can claim.
Not all state benefits are taxable in the UK. Use this list to check benefits you need to pay tax on and which are tax-free.