From April 2025, employer National Insurance rose from 13.8% to 15% and the secondary threshold dropped to £5,000. Here's exactly what changed, what it costs employers, and why your pay rise may be smaller than expected.
Gift Aid lets charities reclaim 25p per £1 you donate — and if you're a higher-rate taxpayer, you can claim an extra 25p per £1 back yourself. Here's every scenario, including the £100k adjusted net income trick.
Charities reclaim 25p per £1 donated via Gift Aid. But if you're a higher rate taxpayer, you can claim a further 20p per £1 via Self Assessment — most people never do.
Gift Aid mistakes mean HMRC can claw back donations from charities, and donors can face surprise tax bills. The 7 most common errors — and how higher-rate taxpayers often leave money on the table.
The higher rate (40%) income tax threshold is £50,270 in 2025/26. That's been frozen since 2021/22 — and it's dragging more earners into 40% tax each year. Here's exactly what it means for your pay.
Pay 40% tax in England or 42% in Scotland? This guide covers every relief available to higher-rate taxpayers in 2026/27 — pensions, ISAs, Gift Aid, EIS and the £100k trap.
HMRC charges Bank Rate + 2.5% interest on unpaid tax in 2026/27 — currently 6.75%. A £5,000 unpaid tax bill costs £338 in interest after a year, on top of any penalties.
HMRC now receives annual income data from Airbnb, eBay, Etsy, Fiverr, Vinted and Uber. Here's what to do if you sell online or work a side gig.
MTD ITSA launches April 2026 for income over £50,000. What it means, the new quarterly updates requirement, compatible software, and what happens if you're not ready.
Northern Ireland taxpayers pay the same income tax and National Insurance rates as England and Wales — not Scottish rates. However, domestic rates replace Council Tax, stamp duty is SDLT (not LBTT or LTT), and some devolved taxes differ. Here's exactly what applies.
If your total pension contributions exceed £60,000 in 2026/27 you face an Annual Allowance Charge at your marginal rate. Here's how the charge works, how to use carry forward to eliminate it, and when Scheme Pays applies.
What happens after you submit your UK self assessment return: how to get a refund, how to correct mistakes, what to do if HMRC opens an inquiry, and your rights.
