Letter L When you are given a tax code it will consist of some numbers followed by a letter. The…

Who Pays Class 2 NICs? Class 2 National Insurance Contributions are paid by self-employed people whose profits are above the…

We have written in the past about the relatively new Marriage Allowance that was introduced so that married couples or…

With the new tax year approaching rapidly we thought it was worth having a summary of the new UK tax…

It is generally the case that UK taxpayers will be issued with a new tax code each year. Tax codes are…

The personal savings allowance was introduced in April 2016 and it meant that 95% of people no longer had to…

In the tax year 2017/18 the government will be introducing a new UK tax allowance for minor trading and property…

The Chancellor of the Exchequer, Philip Hammond, today confirmed in his 2016 Autumn Statement that the personal allowance, which currently…

The government Gift Aid scheme means that a donation to charity can be increased by 25% so that the charity…

Is Working Tax Credit Taxable? When trying to work out how much tax you need to pay, once you have…