Readers have been contacting us as they aren’t sure whether they need to tell HMRC about income that they have received gross (without tax taken off before they get it). Unfortunately, there is no easy answer as there are different sets of criteria you need to consider. Also, the law and HMRC guidan...
Carer’s allowance has featured heavily in news over the last few weeks – in particular, reports of carer’s allowance being clawed back due to breaches of the earnings limit threshold. There are several reasons why the earnings limit threshold may appear to be exceeded, but in this blog we explore on...
The beginning of 2024 saw much confusion over how so-called ‘side hustles’ are taxed. This was prompted by the introduction of new reporting rules for online platforms, which mean HMRC will get information about online sales of goods and services from next year.So where did the confusion come f...
Various attempts are being made by the governments in Scotland and Wales to make council tax ‘fairer’. We take a look at some of the reasons for the perceived unfairness of council tax, and some of the suggestions as to how to resolve this....
State pensions are increasing in April 2024, but the point at which most people start to pay tax is staying the same. Here we look ahead some of the problems this might cause. We also give our ideas on how the government could make things easier for state pensioners – some of which we originally sug...