Category Tax Allowance

Tax-free allowances play a crucial role in reducing tax liabilities for both individuals and businesses in the UK. For the 2025 tax year, understanding these allowances can help maximize your savings. Individuals can take advantage of the Personal Allowance, which…

Capital Gains Tax (CGT) applies when you sell or dispose of an asset that has increased in value. With recent changes in the UK tax system, managing your CGT liability is more important than ever. For the 2025 tax year,…

Did you know that married couples and civil partners in the UK can legally reduce their tax bills by transferring part of their tax-free Personal Allowance? The Marriage Allowance allows one partner to transfer up to £1,260 of their unused…