What Is Basis Period Reform and How Does It Affect Sole Traders?
Basis period reform ended the 'current year basis' for sole traders from 2024/25. How the new tax year basis works and what transition year implications remain.
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Basis period reform ended the 'current year basis' for sole traders from 2024/25. How the new tax year basis works and what transition year implications remain.
Gift Aid boosts charitable donations by 25% at no cost to you — and higher rate taxpayers can claim additional relief through Self-Assessment.
How UK landlords are taxed on rental income — deductible expenses, the £1,000 property allowance, Section 24 mortgage interest, and how to report to HMRC.
Your tax code tells your employer how much of your income is tax-free. Here is how to read it, check it is correct, and what to do if it is wrong.
The UK Dividend Allowance for 2025/26 is £500. Understand how dividend tax works, the rates, and strategies for company directors.
The UK Marriage Allowance lets a lower-earning spouse transfer £1,260 of their Personal Allowance to their partner — saving up to £252 in tax.
Understand the UK Personal Allowance — how much you can earn tax-free, when it reduces, and how to make the most of it.
Legitimate, HMRC-approved strategies to reduce your UK tax bill — from pensions and ISAs to salary sacrifice and timing income.
A clear breakdown of UK income tax bands and rates for 2025/26, including the Personal Allowance, higher rate thresholds, and Scottish differences.