Income Tax

25
Mar
What Is Basis Period Reform and How Does It Affect Sole Traders?

What Is Basis Period Reform and How Does It Affect Sole Traders?

Basis period reform ended the 'current year basis' for sole traders from 2024/25. How the new tax year basis works and what transition year implications remain.
2 min read
19
Mar
How to Claim Gift Aid on Charitable Donations in the UK

How to Claim Gift Aid on Charitable Donations in the UK

Gift Aid boosts charitable donations by 25% at no cost to you — and higher rate taxpayers can claim additional relief through Self-Assessment.
2 min read
21
Jan
How the UK Tax Allowance Works for Rental Income

How the UK Tax Allowance Works for Rental Income

How UK landlords are taxed on rental income — deductible expenses, the £1,000 property allowance, Section 24 mortgage interest, and how to report to HMRC.
2 min read
06
Jan
What Is a Tax Code and How Do You Check Yours?

What Is a Tax Code and How Do You Check Yours?

Your tax code tells your employer how much of your income is tax-free. Here is how to read it, check it is correct, and what to do if it is wrong.
2 min read
28
Nov
What Is the Dividend Tax Allowance in the UK?

What Is the Dividend Tax Allowance in the UK?

The UK Dividend Allowance for 2025/26 is £500. Understand how dividend tax works, the rates, and strategies for company directors.
2 min read
19
Nov
What Is the Marriage Allowance and How to Claim It?

What Is the Marriage Allowance and How to Claim It?

The UK Marriage Allowance lets a lower-earning spouse transfer £1,260 of their Personal Allowance to their partner — saving up to £252 in tax.
2 min read
07
Nov
What Is the Personal Allowance and How Much Tax Do You Pay?

What Is the Personal Allowance and How Much Tax Do You Pay?

Understand the UK Personal Allowance — how much you can earn tax-free, when it reduces, and how to make the most of it.
2 min read
23
Oct
How to Pay Less Tax Legally in the UK

How to Pay Less Tax Legally in the UK

Legitimate, HMRC-approved strategies to reduce your UK tax bill — from pensions and ISAs to salary sacrifice and timing income.
3 min read
14
Oct
Understanding UK Income Tax Bands and Rates for 2025/26

Understanding UK Income Tax Bands and Rates for 2025/26

A clear breakdown of UK income tax bands and rates for 2025/26, including the Personal Allowance, higher rate thresholds, and Scottish differences.
2 min read