Self-assessment taxpayers are usually required to pay their income tax liabilities in three instalments each year. The first two payments on account…

The 2023-24 tax year ended on 5 April 2024 and the new 2024-25 tax year started on 6 April 2024. Most taxpayers…

There is an online tool, developed by HMRC, that allows taxpayers to check if they need to notify HMRC about additional income….

If you are a higher rate or additional rate taxpayer you have the option to carry back your charitable donations to the…

The self-employed tax basis period reform has changed the way trading income is allocated to tax years. Under the reforms, the tax…

A reminder of the changes to Scottish Income Tax rates for the 2024-25 tax year. It was announced as part of the…

If you are an employee who is working from home, you may be able to claim tax relief for part of your…

The usual tax position for couples who live together with their spouse or civil partners is that property income held in joint…

The letters in your tax code signify your entitlement (or not) to the annual tax free personal allowance. The tax codes are…

HMRC is reminding parents that they may be eligible for Tax-Free Childcare (TFC) to help pay for Easter school holidays childcare costs….