Starting or returning to studying this autumn? Planning on earning some money to help fund your way through your course? It’s important to understand your tax. Working students are taxed in the same way as other employees. This means that if you get an employed job – for example working shifts ...
If you are a Scottish taxpayer with taxable income of more than £26,561 per year, and you are paying into a pension scheme, you may be able to claim extra tax relief on top of the tax relief you receive automatically. In this article, we explain the tax relief available for the two main types of ...
If you have a new source of taxable income which started between 6 April 2023 and 5 April 2024, which you may need to pay tax and/or national insurance on, you may need to fill in a tax return. If you do not already complete self assessment tax returns, you must notify HMRC of the type of income ...
Online platforms are now required to collect information about certain people selling goods or services through their site, and report it to HMRC. Because of this, they may have changed their sign-up processes (sometimes called ‘onboarding’ processes) and the questions they are asking. Here we help ...
We have been made aware of a fraudulent letter being sent to individuals, supposedly from HMRC, asking them to send identification and business documents by email. We have checked with HMRC and this letter is a scam. Here we look at the ways you can protect yourself against this scam, and the ...
Have you received a communication from HM Revenue and Customs (HMRC) suggesting your tax might be wrong and/or asking you to double-check your tax position? If this communication seems to be written quite generally and is not a formal enquiry notice or compliance check, it may be part of a ‘one to ...