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Income Tax

12th December 2024

Scotland’s 2024 Budget delivers on public priorities with investments in services, poverty reduction, and economic growth. Tax rates stay frozen, but bands…

12th December 2024

Selling online? From 2024, digital platforms must report your information to HMRC if sales exceed £1,700 or 30 goods a year. Casual…

12th December 2024

Could you save up to £1,260 in tax this year? If one of you earns less than £12,570, the Marriage Allowance lets…

5th December 2024

The letters in your tax code indicate whether you are entitled to the annual tax-free personal allowance. These codes are updated each…

28th November 2024

The Let Property Campaign provides landlords who have undeclared income from residential property lettings in the UK or abroad with an opportunity…

21st November 2024

The mandatory rollout of Making Tax Digital (MTD) for Income Tax is set to begin in April 2026. MTD for ITSA will…

14th November 2024

If you believe you have overpaid tax to HMRC, you can typically claim a tax refund for the excess amount. The process…

14th November 2024

The limit on Income Tax reliefs has applied since 6 April 2013. This measure was the first time a limitation to existing…

14th November 2024

The current tax benefits for the letting of properties as short-term holiday lets (known as Furnished Holiday Lets – FHL) is to…

7th November 2024

It was announced as part of the Autumn Budget measures that the government will not now proceed with the reform to base…

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