The marriage allowance is available to married couples and those in a civil partnership where a spouse or civil partner ...

As a general rule, if you are resident in the UK, you are liable to pay Capital Gains Tax (CGT) ...

The Inheritance Tax residence nil rate band (RNRB) is a transferable allowance for married couples and civil partners (per person) ...

National Insurance credits can help qualifying applicants fill gaps in their National Insurance record. This can assist taxpayers to build ...

The Bank of England’s Monetary Policy Committee (MPC) met on 21 June 2023 and voted 7-2 in favour of raising ...

When accountants or other interested parties refer to business profits, they are likely to mean the difference between sales and ...

Employers must ensure they are paying staff at least the National Minimum Wage (NMW) or National Living Wage (NLW). The ...

Students that work may need to pay Income Tax and National Insurance. Employers are required to calculate the amount of ...

There is a flexible exemption from IHT for taxpayers who make tax exempt gifts and payments that are paid as ...

If you earn over £100,000 in any tax year your personal allowance is gradually reduced by £1 for every £2 ...

In general, there is no Capital Gains Tax (CGT) due on the disposal of a property which has been used ...

As we have moved into the new tax year, since 6 April 2023, the March hares have had their opportunity ...

The Gift Aid scheme is available to all UK taxpayers. The charity or Community Amateur Sports Clubs (CASC) concerned can ...

The Shares and Assets Valuations (SAV) team is a special section of HRMC that deals with enquiries in respect of ...

There has been a 10.1% increase in twelve Scottish government grants that are delivered through Social Security Scotland. Seven of ...

New simplified VAT guidance for overseas sellers has been published by HMRC. The guidance also includes a new translation into ...

The new 100% first-year capital allowance for qualifying plant and machinery assets known as full expensing came into effect on ...

The annual exempt amount applicable to Capital Gains Tax (CGT) has been reduced to £6,000 (from £12,300) for the new ...

The government published the Spring Finance Bill 2023 on 23 March 2023. The Bill is officially known as the Finance ...

There are two rates of Corporation Tax effective from 1 April 2023. Taxable profits up £50,000 continue to be taxed ...

Company share buy-backs are also commonly known as a company purchase of own shares. A company may decide to buy ...

The Bank of England’s Monetary Policy Committee (MPC) met on 22 March 2023 and voted 7-2 in favour of raising ...

The new Energy Bills Discount Scheme replaces the Energy Bill Relief Scheme which came to an end on 31 March ...

The Cost of Living support package has been designed to help over 8 million households in receipt of means tested ...