Category: Income Tax

MTD for Income Tax starts 6 April 2026 for the self-employed and landlords with £50k+ income. Plan early

The £3,000 reporting threshold for trading, property, and other income will simplify tax

Not every money-making hobby counts as a business for tax purposes. Knowing when a hobby crosses into

MTD for Income Tax kicks off in April 2026 for those earning over £50k. Digital records, quarterly

Swapped an old fridge or carpet in your rental property? Landlords can claim tax relief on replacing

Child Benefit has risen for 2025-26: £26.05 for eldest, £17.25 for others. Claim continues to age 20 in

Do you know what your 2025-26 tax code means? It affects how much tax is taken from your pay or pension.

Couples who jointly own rental property are usually taxed 50:50, even if they own different shares. But

Making Tax Digital for Income Tax (MTD for IT) will become mandatory in phases from April 2026. If you’re

If you’re self-employed, lenders may require an SA302 and tax year overview as proof of earnings for