To help meet the costs of health and adult social care, a new levy, the Health and Social Care Levy, is introduced from 6 April 2023....

Are you a company director or shareholder? Do you know how your dividends are taxed? What about the impact of the new health and social...

Childcare is expensive; however, the tax system can provide a helping hand. In recent years, there has been a shift from tax relief for...

Although married couples and civil partners are assessed individually for capital gains tax purposes and each has their own annual exempt...

If you became self employed in 2020 or 2021, it’s likely that you weren’t eligible for any government grant, probably realised a loss...

Tax allowances for income, capital gains tax, inheritance tax and more have been frozen until April 2026 to help meet some of the cost of...

Further grants for the self-employed. If you missed out on the first grants, you may now be eligible to claim. The Self-Employment...

As a landlord, the lower the taxable profit from your property rental business, the less tax you will pay. As allowable expenses are...

2021/22 National Insurance Contributions - what you need to know. The 2020/21 tax year starts on 6 April 2021. From that date, new...

Beware if your income falls - HMRC could seek to recover the tax from you Where a Gift Aid declaration is made, the recipient charity can...

Many employees will have spent much if not all of the last year working from home, and the trend looks set to stay. While the tax system...

A super decision tree from FreeAgent The information contained within in this article is provided for informational purposes only and is...

You only have 30 days to report and pay any tax Thinking of selling a second home or investment property? You have to move fast to report...

You made it and filed your self-assessment return for 2019/20 by 31st January 2021. However, having felt pleased with yourself, you...

Are you claiming everything your entitled to? You might be able to claim tax relief if: you use your own money for things that you must...

You may have to pay additional tax if you receive child benefit and have income over £50,000 You are entitled to child benefit if you...

Check if you have any gaps in your National Insurance record

Hint: almost definitely yes! When does that hobby turn into a business? That side-line become taxable? 'Trade' Trading profits are...

What is it? Who has to do it? How do I go about it? Her Majesty's Revenue and Customs (HMRC) collects income tax from individuals via...

Overpaying tax happens more than you might think. Here are some of the ways it might have happened to you. Leaving a job part way...