Joint income from savings
If you have joint savings (or shares), make sure you understand how the income is split between you for tax purposes.
If you have joint savings (or shares), make sure you understand how the income is split between you for tax purposes.
Income from savings and investments can be taxed differently depending on what type of income it is. There are separate rates of tax for savings income and for dividend income. These apply to the savings and dividend income of all UK taxpayers, including Scottish and Welsh taxpayers.
Council tax is collected in England, Wales and Scotland (although there are some regional differences). In Northern Ireland, there is a rates system instead of council tax. Collection of council tax is carried out by your local council. Collection of rates in Northern Ireland is carried out by Land ...
Do you charge rent to someone else for living in a property that you own? Or do you sub-let a room in your house to a lodger? Having income from property, also known as rental income, means you need to consider your tax position. You may need to tell HMRC about it and possibly pay some tax if you ...
Capital gains tax is a complicated subject, so we provide an introduction only. We do cover the main issues, though, and signpost you to where you may find extra help.
You may find alternative dispute resolution useful if you are currently experiencing an enquiry by HM Revenue & Customs (HMRC) and have, thus far, been unable to bring it to an end.