The page lists most state benefits in alphabetical order. Benefits can be taxable or non-taxable. Under each benefit we indicate if it is taxable or non-taxable. Even if a benefit is taxable it does not necessarily mean you will have any tax to pay as that will depend on your other taxable ...
Tax credits, made up of two separate tax credits working tax credit and child tax credit, were introduced in 2003 and administered by HMRC. The tax credits system closed on 5 April 2025, so no tax credit awards continue after that date. Most people will have been invited to claim either universal ...
Universal credit is a means-tested benefit generally for people under state pension age to help with living costs. It covers people who are out of work, in work and those who cannot work. It can include amounts for certain housing costs, children and childcare costs with additional amounts for ...
On this page, we look at what information and records you might need to keep hold of if you have a capital gain or loss to report to HMRC.
On this page, we discuss what reporting obligations you have where you make a disposal on which capital gains tax (CGT) is chargeable. In some cases, you may be required to report the disposal to HMRC (and potentially pay the tax) within 60 days.
Capital gains tax generally only applies if you are resident in the UK. However, in certain circumstances you can also be liable if you sell an asset while non-UK resident for tax purposes.