Personal Income Tax
Allowable Expenses and Deductions
For those who incur personal costs as a result of their job, it can often seem that the rules regarding what can be counted as an expense are impenetrably co...
Are Social Security Benefits Taxable?
In the British tax system there are two types of income on which you are not required to pay tax. The first of these is known as ‘tax free’, while the se...
Getting Personal Help With Your Tax Affairs
Tax can be a complex matter. Although it affects everyone in one way or another, there are many people who simply do not understand the workings of the Briti...
How To Claim Back Overpaid Tax
Pay As You Earn, or PAYE, was introduced with the intention of simplifying the tax paying process. By and large it works effectively, but on occasion individ...
Income Tax and Pensioners
When the age has been reached at which the State Pension is granted, a significant proportion of the population choose to retire. It is perfectly understanda...
Income Tax and Students
Many young people look forward to university as, amongst other things, a way of holding off the real world for a few years longer. However, the rising cost o...
I've Got an HMRC Tax Demand: What Do I Do?
Thousands of taxpayers have had unpleasant letters landing on their doorsteps in recent months. As a result of mistakes made at HM Revenue and Customs (HMRC)...
Personal Allowances and Allowable Interest
Income Tax is an unavoidable reality for the vast majority of the adult population. In fact, most of those who pay tax may not even notice that they are doin...
Students: Why the P38s Form is Vital
Student tax is an area filled with confusion and misconceptions. Students who choose to work while in education often find their earnings incorrectly taxed,...
What is Income Tax?
Income Tax is, in the most basic terms, a tax which is levied upon the incomes of individuals. Corporations are legally regarded as private individuals in th...
What is My Tax Spent On?
Income tax is a bone of perpetual contention among the British public. Many feel that we are being taxed too much; others suggest that the rich are paying pr...
What You Need To Know About Expenses Payments
Many individuals incur costs during the course of their job. These may include fuel expenses, parking, wining and dining of clients, or any number of other p...