Capital Gains Tax rates changed significantly in October 2024 and the Annual Exempt Amount has been reduced from GBP 12,300 in 2022/23 to GBP 3,000. This guide explains every change, current 2026/27 rates, and what they mean for investors and property owners.
Child Benefit rates for 2026/27 are GBP 26.05 per week for the first child and GBP 17.25 for additional children. The High Income Child Benefit Charge applies when adjusted net income exceeds GBP 60,000, with the charge fully eliminating the benefit at GBP 80,000. Since April 2024 the charge is assessed individually, not per household.
If you are self-employed in the UK, Class 4 National Insurance is charged on your profits above GBP 12,570. This guide explains the 2026/27 rates, how Class 4 differs from Class 2, and how to pay through Self Assessment.
Dividends in the UK are taxed at separate rates from salary and employment income. In 2026/27 the Dividend Allowance is GBP 500. This guide covers every rate, how to report dividend income, and the salary-vs-dividend split for company directors.
CSOP, EMI, SAYE, RSUs -- how income tax applies when shares vest, and CGT when you sell. Includes the EMI CGT exemption, SAYE free share allocation and 2026/27 rates.
Employees can claim GBP 6/week (GBP 312/year) WFH flat-rate relief without receipts. Self-employed can claim actual costs or simplified rates of GBP 10-26/month. Full breakdown.
UK residents must declare foreign income including overseas employment, rental income, dividends and savings interest. The FIG regime, remittance basis and double-tax treaties explained.
HMRC sends nudge letters to prompt voluntary disclosure of undeclared income. This guide explains the types of letter, what HMRC knows and how to respond correctly.
If you discover you have underpaid tax, voluntary disclosure via the Let Property Campaign, certificate of tax deposit or direct contact can reduce penalties significantly.
Gifts made more than 7 years before death are IHT-free (as PETs). Within 7 years, taper relief reduces IHT: 100% if 0-3 years, 80% at 3-4, 60% at 4-5, 40% at 5-6, 20% at 6-7 years before death.
MTD for ITSA is mandatory from April 2026 for self-employed and landlords earning over GBP 50,000. Quarterly digital updates replace the annual SA return. Here is what you need to do now.
Marriage Allowance transfers GBP 1,260 of personal allowance from lower to higher earner, saving GBP 252/year. You can backdate 4 years for up to GBP 1,260 total. Here is how.
