Your UK tax code controls how much income tax your employer deducts. 1257L is standard. K codes mean negative allowance. Here's what every digit and letter means in 2026/27.
The Annual Investment Allowance lets sole traders and partnerships deduct up to £1,000,000 of qualifying plant and machinery in the year of purchase. Here's exactly what qualifies and what doesn't.
The Autumn Budget 2026 is expected in October. Based on current government signals, what tax changes are likely — and what you can do now to prepare.
Billions in benefits go unclaimed every year in the UK. This guide covers who qualifies for Universal Credit, Pension Credit, Tax-Free Childcare and council tax support.
If you're self-employed and buy equipment, vehicles or fixtures for your business, capital allowances let you deduct the cost from your profits. This guide covers AIA, WDA, and the special rules for cars.
How to use your £3,000 annual CGT exempt amount to crystallise gains tax-free each year. Bed-and-ISA strategy, spouse transfers, timing with asset sales.
Five detailed HICBC worked examples for 2026/27: the new £60k-£80k taper, salary sacrifice strategy, joint income scenarios, and the cliff edge at £80,000.
Child Tax Credit and Working Tax Credit are being replaced by Universal Credit. Who can still claim legacy benefits in 2026, managed migration deadlines, and what you'd get on UC instead.
The UK dividend allowance is just £500 in 2026/27, down from £5,000 in 2017. Here's how to use ISAs, pensions, spouse transfers and timing to slash your dividend tax bill.
Yes — overtime is taxed at your marginal rate, just like regular pay. If overtime pushes you over £50,270, the extra portion is taxed at 40%. There's no special 'overtime tax rate', despite what many employees believe.
A dormant limited company still needs to file a confirmation statement, dormant accounts with Companies House, and may need to file a CT600 with HMRC. Here's the minimum required and the costs of getting it wrong.
In April 2025, employer NI rose from 13.8% to 15% and the threshold dropped to £5,000. How this affects salary negotiations, hiring decisions and your take-home pay.
