14th May 2026
Your UK residence status affects how much tax you pay in the UK and, in particular, whether your foreign income and gains…
14th May 2026
Depending on your income and circumstances, you may need to register for self-assessment. This may be the case even if most of…
7th May 2026
Many taxpayers are surprised to learn that once their income exceeds £100,000, they can face an effective tax rate of 60%, although…
7th May 2026
Dividends are taxed differently from other types of income, with separate allowances and tax rates that depend on your overall level of…
7th May 2026
The Marriage Allowance lets you transfer £1,260 of your Personal Allowance to your husband, wife or civil partner. Your Personal Allowance is…
30th April 2026
If your taxable income for the 2026-27 tax year is less than £17,570, you will not pay any tax on the interest…
30th April 2026
If you are self-employed or a member of a partnership, you may be able to claim tax relief when your business makes…
23rd April 2026
The 2025-26 tax year ended on 5 April 2026, and attention now turns to filing your self-assessment tax return. While many leave…
23rd April 2026
The rules as to who pays Income Tax in Scotland is determined by whether an individual is considered a Scottish taxpayer or…
9th April 2026
Making Tax Digital (MTD) for Income Tax began on 6 April 2026 for qualifying taxpayers. Those with qualifying income over £50,000 are…
