THE READING ROOM

UK tax, one question at a time.

Start with a topic that matters to you. Every guide includes official sources and a source-check date.

SELF ASSESSMENT

Income on top of your salary: do you need to file a tax return?

Most people who only have a salary taxed through PAYE don't need to file a Self Assessment tax return. But if any of the following applies, take a closer look.

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FOREIGN INCOME & TAX RESIDENCE

Do you pay UK tax on foreign income? Start with your residence

Rent from a flat in China or another country, interest from a bank abroad, gains on US shares: whether you pay UK tax on them depends first on whether you're UK tax resident, not on where the money is.

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HMRC LETTERS & ENQUIRIES

Got a compliance check letter from HMRC? What to do, and how far back HMRC can go

If HMRC writes to say it's checking your tax, don't panic. This is a compliance check, sometimes called a tax enquiry. HMRC will write or call to tell you what it wants to check and why.

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BUSINESSES & SOLE TRADERS

Making Tax Digital for Income Tax: what sole traders and landlords need to know

Who needs MTD, how to keep digital records and when quarterly updates are due.

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PROPERTY & GAINS

Renting out property in the UK: how rental income is taxed

Understand reporting thresholds, allowable expenses and the rules for mortgage interest.

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SELF ASSESSMENT

How take-home pay is worked out: 2026 to 2027 tax year

Is your payslip a lot lower than the salary in your contract? Two things take most of the difference: Income Tax and National Insurance (NI).

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SELF ASSESSMENT

Understanding your tax code

Has your pay been fine for months, then suddenly a lot more tax comes off? Often the cause is your tax code. It tells your employer or pension provider how much of that income is tax-free.

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SELF ASSESSMENT

Do you pay tax on savings interest?

As your savings grow, so does the interest, and people start asking whether they need to pay tax on it. In fact, most people get some of their interest tax-free.

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VAT & PAYROLL

VAT: when to register, and what VAT you can reclaim

As your business turnover grows, VAT comes into the picture. When do you have to register? And once you have, can you get back the VAT you pay on purchases?

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