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Tax essentials

Learn everything you need to know about tax in the UK. This information will explain the tax system and help you keep up with your tax obligations.

Tax essentials
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Explaining the 60% income tax rate in the UK

The elusive 60% income tax rate affects UK high earners with an annual income above £100,000.

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How much is inheritance tax?

Death and Taxes: inevitable things nobody wants to talk about but everyone should have a handle on. We give you the full explanation on what inheritance tax is, and how you can reduce its burden.

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Where can I find my UTR number?

Here's where to find your UTR number

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10/11/2021
Tax essentials

When do I need to tell HMRC about my side income?

We cover the key numbers to keep track of so you know exactly when you need to tell HMRC about your side income.

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10/11/2021
Tax essentials

What is the trading allowance?

Unsure what the trading allowance is and how to use it? We break it down for you here.

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24/11/2021
Tax essentials

What is National Insurance?

National Insurance is a key component of the welfare state in the UK. Find out exactly how it works and what it means for you.

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How to use the SA100 form

The SA100 form is simply the main document you need to fill when doing your Self Assessment tax return.Most UK taxpayers need to fill it – here is the list of who needs to file a tax return.

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What is rental income tax?

Being a landlord means you’ll have an income to pay tax on. Here we explore what counts as rental income, how you pay it and what you can expense to reduce the burden.

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Do I have to I have pay tax on crypto?

Making a buck in the world of crypto? If you’re transferring crypto to cash you’ll need to pay tax on it. Here we explain how crypto gets taxed, and how to pay it to HMRC

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