2019 Personal Allowance
In the 2019 Budget today Philip Hammond announced changes to the personal allowance for 2019/20. It had previously been announced…
Class 2 NI Change Shelved
In 2016 the government announced a change to the calculation of self-employed NI contributions. This change meant that Class 2…
What Does Tax Code NT Mean?
Tax Code NT Each person in in the UK is assigned a tax code for each tax year, whether that…
How Much do I Need to Earn to Pay 40% Tax?
Currently the higher rate of tax for those who earn a certain amount stands at 40%. So you may wonder…
What Does Tax Code BR Mean?
If you have been given a tax code notice and you are wondering 'what does tax code BR mean?' then…
Tax Code 0T
Everyone who has a tax code will notice that it usually has a number and letter as part of the…
Tax Codes 2018/19
It is generally the case that UK taxpayers will be issued with a new tax code each year. Tax codes are…
Capital Gains Tax 2018/19
This is a summary of the Capital Gains Tax Allowance for 2018/19. Capital Gains Tax (CGT) is payable when you…
Personal Allowance 2018/19
Budget 2017 The Chancellor Philip Hammond has announced in his 2017 Budget today that the UK personal allowance 2018/19 will…
Tax Code Letters M and N
Transfer of the personal Allowance for Married Couples and Civil Partnerships If you have the tax code letter M or…