IHT at 40% sounds brutal — but couples can shield up to £1M. Here's exactly how the nil-rate band, residence nil-rate band, taper relief and the coming pension changes work in 2026/27.
Universal Credit reduces by 55p for every £1 you earn above your work allowance. Here's the full 2026/27 taper maths, worked examples for different family types, and the benefits trap explained.
For most people, tax codes stay the same from year to year unless your income changes. In 2026/27, the standard code remains 1257L. But if you've had benefits-in-kind, untaxed income, or a salary change, HMRC may issue you a new code in March–April 2026.
The UK personal allowance for 2025/26 is £12,570 — so you can earn up to £12,570 tax-free. But National Insurance starts earlier, at £12,570/year too. Full breakdown with salary examples.
On £500/day, working outside IR35 via a limited company takes home approximately £70,000/year net. Inside IR35 via umbrella is approximately £57,000 — around a £13,000 annual difference. Full case study with numbers.
The 2026/27 UK tax year starts 6 April 2026. Key changes include the MTD ITSA mandate for self-employed, Capital Gains Tax rate increases, higher employer NI and frozen thresholds continuing. Full breakdown.
Yes, overtime is taxed in the UK — it's treated as employment income like your regular salary. But the rate depends on your total annual earnings. Full breakdown with examples for 2025/26.
Salary sacrifice reduces your gross pay before tax and NI are calculated — saving you income tax AND National Insurance, not just tax. At a £50,000 salary, sacrificing 5% saves approximately £500/year in NI alone on top of tax relief.
CGT rates rose in October 2024 and are embedded in 2026/27. The dividend allowance remains at £500. Here's how CGT works for non-property assets, dividend taxation, and the key planning tools still available.
The 2026/27 tax year runs from 6 April 2026 to 5 April 2027. Income tax thresholds are frozen again — but Scottish rates diverge further. Here's everything that changed and what it means for your tax bill.
ISA allowances and the pension Annual Allowance are unchanged for 2026/27. But the IHT treatment of pension pots is changing in April 2027 — here's what to know now and how to use your 2026/27 allowances effectively.
Employer NI rose to 15% from April 2025 and remains at that level in 2026/27. Employee rates and thresholds are frozen. Here's how NI works for employees, self-employed and employers this tax year.
