You deserve to understand exactly how your money works within the UK tax system, and our expert-written guides make even the most complex tax matters refreshingly simple. The Tax Guide is here to help.
Try our 7 free tools including the HMRC Red Flag Checker, Income Tax Calculator and Self Assessment Helper to get instant personalised help.
Do You Have to Declare Investment on Premium Bonds?
Premium Bond prizes are tax-free in the UK and don't need to be declared to HMRC, regardless of the amount won.
What Does Road Tax Pay For?
Road tax money goes into general government funds rather than being spent specifically on roads, making it hard to track where your payments actually go.
What Is a Close Company and How Does It Work?
A close company is a UK private business controlled by up to five people or where all shareholders are directors.
HMRC Red Flag Checker (Free Tool)
Find out which areas of your finances HMRC is most likely to query, what you should be declaring, and roughly what you may owe.
Income Tax Calculator (Free Tool)
Enter your salary and get a clear breakdown of your income tax, National Insurance, and take-home pay for the 2025/26 tax year. See exactly where your money goes.
Lifetime Trusts and the 10-Year IHT Charge Explained
Putting your family home into a lifetime discretionary trust rarely delivers the tax savings or care fee protection that marketing materials suggest.
Crypto Tax in 2026: What HMRC Will Know Once CARF Kicks in
The OECD's Crypto-Asset Reporting Framework starts collecting UK data this year. From 2027, HMRC will see your crypto transactions automatically.
Director's Loan Accounts: The £10,000 Trap and 9-Month Deadline
Owner-managers who use the company bank account as a personal one usually find out about Section 455 the hard way.
MTD for Income Tax: Who's Affected from April 2026
Making Tax Digital for Income Tax started 6 April 2026 for sole traders and landlords with over £50,000 of qualifying income.
HMRC Red Flags 2026: Six Areas Likely to Attract Attention
Six areas HMRC is most likely to query in 2026, including undeclared side-hustles, crypto gains, rental income and director's loans.
Junior ISAs: Tax Free Way to Save for Your Child
Junior ISAs let you save up to £3,600 a year tax-free for your child's future through cash or stocks and shares accounts.
Umbrella Companies: A Quick Start Guide
Umbrella companies can simplify tax and payment handling for UK freelancers and contractors looking for an easier way to manage their affairs.
Tax on PPI Repayments: What Do I Need to Do?
If you need to pay tax on your PPI repayment and what to declare to HMRC.
Auto Enrolment: How Will It Affect Me?
From October 2012, your employer will automatically enrol you in a pension scheme and take money from your wages, whether you asked for it or not.
Tax Efficient Alternatives to the Child Trust Fund
How to save tax-efficiently for your child's future now that the Child Trust Fund is gone.