Calculating self-employed profits
There are many steps to working out your taxable profits. This page explains the process.
There are many steps to working out your taxable profits. This page explains the process.
If you go abroad and are no longer within the UK tax system, HMRC stop being involved in your student loan repayments and the Student Loans Company takes over.
This page covers tax issues when you decide to stop trading as a sole trader or partner in a trading partnership.
Scottish income tax applies from 6 April 2017 to Scottish taxpayers. On this page, we explain who a Scottish taxpayer is so that you can work out if Scottish income tax applies to you. In the guidance below, we refer to ‘parts of the UK’. In the context of Scottish taxpayer status, the four ‘parts ...
The trading allowance is available to those with trading and/or miscellaneous income. The allowance is sometimes also known as the trading and miscellaneous income allowance, or hobby allowance. On this page, we look at when you are entitled to the trading allowance and how it is applied.
Welsh income tax applies from 6 April 2019 to Welsh taxpayers. On this page, we explain who a Welsh taxpayer is so that you can work out if Welsh income tax applies to you. In the guidance below, we refer to ‘parts of the UK’. In the context of Welsh taxpayer status, the four ‘parts of the UK’ are, ...