Income Tax
HM Revenue & Customs collects money via taxes on your income, however, not all types of income are taxable. Knowing about tax allowances and reliefs can be quite complicated so we have developed key guidance notes to help you gain knowledge on income tax.
We provide comprehensive guidance articles on various HMRC topics, equipping you with the knowledge you need to make key decisions.
Our guides cover key HMRC allowances and reliefs, how much income tax is paid and how it is calculated. Whether you simply want to enhance your knowledge or have a specific questions relevant to your business, our detailed articles provide the insights you need.
Most Searched Income Tax Topics
Is Tax Payable on Redundancy Payments?
The first £30,000 is usually tax-free, anything above that may be taxed. Learn whether tax is payable on redundancy payments, and how it’s calculated.
What Is Withholding Tax?
It’s a tax deducted at source on certain cross-border payments. Discover what withholding tax is, how it affects dividends and interest, and when it applies in the UK.
What Is Non-Dom Tax?
Non-domiciled individuals may pay tax only on UK income. Learn what non-dom tax is, how the remittance basis works, and what’s changing from 2025.
How Much Can You Gift Someone Tax Free?
There’s an annual allowance for small gifts and rules for larger ones. Find out how much you can gift someone tax-free, and how it relates to inheritance tax.
How to Pay Less Tax UK
From ISAs to pension contributions, smart planning matters. Discover how to pay less tax in the UK, with legal strategies that reduce your bill.
Can You Offset Capital Losses Against Income Tax UK?
Usually, no but they can reduce capital gains. Learn whether you can offset capital losses against income tax in the UK, and how to use them efficiently.
What Is Income Tax?
It’s a tax on your earnings, including salary, pensions, and dividends. Find out what income tax is, who pays it, and how it’s collected.
How Much Is Income Tax?
Rates vary by income and region. Discover how much income tax is in the UK, including bands for England, Scotland, and Wales.
What Is a Tax Relief?
Tax relief reduces your bill by allowing deductions or refunds. Learn what a tax relief is, how it works, and common examples like pension and charity reliefs.
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