Post-FHL abolition, landlords can claim a wide range of allowable expenses against rental income. This guide covers every deductible cost, the repair vs improvement rule, and record-keeping.
Garden leave pay is taxable as employment income -- but the interaction with PILON and the PENP formula affects how tax is calculated on termination packages.
Gifts from surplus income leave your estate immediately with no seven-year wait. The normal expenditure out of income IHT exemption has no annual cap -- here is how it works.
How you are taxed on a global equity fund depends on whether it distributes or accumulates, its UK reporting fund status, and how US withholding tax applies. A plain-English guide for 2026/27.
Goodwill is often the largest asset in a UK business sale. How it is taxed depends on whether it is personal or business goodwill and who the buyer is.
The Leasehold Reform (Ground Rent) Act 2022 and the Leasehold and Freehold Reform Act 2024 changed the rules on ground rent, enfranchisement, and commonhold. Full 2026/27 guide.
Received an HMRC compliance check letter? Learn the difference between nudge letters and formal enquiries, what records to gather, and when to get professional help.
Non-Self Assessment taxpayers can reclaim overpaid tax on savings interest using form R40. Here is who qualifies, how to complete it, and the GBP 5,000 starting rate band.
Received an HMRC Simple Assessment letter? This guide explains PA302 and PA101 notices, who gets them, how to check the figures, and how to pay or object.
Bed and ISA lets you sell investments held outside an ISA and repurchase them inside one, using your CGT annual exempt amount to shelter future gains tax-free.
Flexible ISAs let you withdraw money and re-subscribe it in the same tax year without losing your annual allowance. Learn how it works, which ISAs are flexible, and LISA penalty exceptions.
Married couples and civil partners can split rental income in unequal shares using Form 17 and a deed of trust. Learn how beneficial interest declarations work in 2026/27.
