Tax Info

Plain-English guides to the tax rates and allowances that individuals and businesses most often meet. Each one explains what the figures mean before giving them, and points to HMRC for anything more involved.

The amounts you can receive before tax is charged: the Personal Allowance, Marriage Allowance, Blind Person’s Allowance, and the allowances for savings and dividends.

How Income Tax works, the rates and bands across the UK and in Scotland, savings and dividend rates, the points that catch people out, and when and how the tax is paid.

How a company’s taxable profits are arrived at, the rates and Marginal Relief, when the limits are reduced, paying and filing, and the points that catch companies out.