Since April 2020, landlords can no longer deduct mortgage interest as an expense. Instead, tax relief is capped at 20%. This change…

Did you know you may be eligible for tax relief on professional fees and subscriptions? If your membership is required for your…

If you’re self-employed, lenders may require an SA302 and tax year overview as proof of earnings for mortgages or loans. These documents…

Maintenance Payments Relief reduces Income Tax for those making court-ordered payments to an ex-spouse or civil partner. To qualify, one party must…

The UK’s shift to the Foreign Income and Gains (FIG) regime from April 2025 changes how foreign income is taxed. If you…

HMRC has launched a new "Help for Hustlers" campaign to help people who are earning extra income, figure out if they need…

Tax on rental income from jointly owned property depends on ownership shares, unless part of a partnership. Married couples default to a…

Over 11.5 million people met the 31 January 2025 self-assessment deadline, but 1.1 million taxpayers missed it. If you’re one of them,…

Big changes are here for the self-employed! From 2024-25, profits must align with the tax year, replacing the old "current year basis."…

Your tax code determines how much tax is deducted from your pay. While 1257L is the most common, different letters and numbers…