Personal tax

Concise information on a variety of topics relevant to an individual. Click on the links below to access the relevant factsheet.

Charitable giving

You can get tax relief on gifts to UK charities if you give under Gift Aid or through a Payroll Giving scheme or by making a gift of shares or land. We outline the reliefs available.

Child Benefit charge

Information regarding the High Income Child Benefit charge which applies to taxpayers who have income over £50,000 in a tax year where either they or their partner receive Child Benefit.

Dividends and interest

This factsheet considers the Savings and Dividends Allowances.

Enterprise Investment Scheme

We look at how qualifying companies can get access to equity investment from new and, in some cases, existing shareholders.

Individual Savings Accounts

ISAs are tax-exempt savings accounts available to individuals.

Making Tax Digital for Individuals

Outlining the Making Tax Digital regulations for individuals.

Non-domiciled individuals

An introduction to the taxation in the UK of income arising outside the UK for non UK domiciled individuals.

Personal tax - self assessment

Under self-assessment an individual is responsible for ensuring that their tax liability is calculated and any tax owing is paid on time. We summarise the rules and penalties for failing to comply with your obligations.

Personal tax - when is income tax and capital gains tax payable?

Advice on when key tax payments under Self Assessment are payable.

Property investment - buy to let

We consider what the key areas are for investing in property, looking at rental income, along with all the other costs and outgoings.

Property investment - tax aspects

Investment in property continues to be a popular form of investment. On the basis that the investment appears to make commercial sense what tax factors should you take into account?

Seed Enterprise Investment Scheme

This is an area that usually appeals to start up companies, and those that invest within them. We look at why this is the case and what to consider.

Statutory Residence Test

The Statutory Residence Test provides, through a series of tests, a definitive process to determine the UK residence status of any individual. That status applies for income tax, capital gains tax and inheritance tax purposes.

Taxation of the family

We highlight the main areas to consider in regard to tax planning for family members and the minimisation of tax liabilities.

Tax-Free Childcare

Tax-Free Childcare provides tax relief for individuals on their qualifying childcare costs. This factsheet considers the key principles and requirements.

Venture Capital Trusts

Venture Capital Trusts (VCTs) offer similar to breaks to individuals as the Enterprise Investment Scheme. They provide an opportunity to invest in unquoted trading companies via a VCT thus spreading the investment risk over a number of companies.

06 Jan 2025

HMRC urges self assessment taxpayers to spread the cost

HMRC is reminding people who pay tax by self assessment of the opportunity to spread the cost of their bill with the Time to Pay facility.

06 Jan 2025

HMRC could save millions of hours with tracking system

HMRC could save an estimated 1.7 million hours of call handlers' time every year if it implemented an automated status tracking system, according to two of the leading bodies for tax advisers and chartered accountants.