HMRC are sending simple assessment letters to about 560,000 taxpayers over the next few months. This number includes 140,000 pensioners. For many, this will be the first time they have received a simple assessment letter.In this article, we explain more about simple assessment and what you need to d...
Not everyone that works through their own limited company is a high earner. If you have a lower income, have a fall in income or are unable to work for the moment, you may need to make a claim for universal credit. If you are in this situation, read on. ...
If you are an employee and you have to travel within the UK in relation to your work, you may have to pay for other travel-related expenses too, like meals (subsistence) or overnight accommodation. Your employer may reimburse you for these expenses – in this article we explain the tax and NIC treatm...
As more people are having to pay tax on their investment income, here we remind you of some tax-free and tax efficient savings options that may be available to you....
The marriage allowance (also known as the transferable tax allowance for married couples and civil partners) allows you to give up some of your personal allowance to provide a tax credit for your spouse or civil partner. This can reduce the amount of tax that they pay. The timing of your claim can a...
If you are a subcontractor paid under the construction industry scheme (CIS) and need your pay and tax information to complete your tax return, here we tell you how to find the information - and what to do if you can’t locate it....