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Personal Allowance, Income Tax rates, bands and thresholds.
How much Income Tax you pay in each tax year depends on: how much of your…
The standard Personal Allowance from 6 April 2024 to 5 April 2025 was…
How to work out your writing down allowances. Work out main rate pools, special rate pools, single asset pools, small pools allowance, long life assets, short life assets
‘Writing down allowances’ are one type of capital allowance. They let you…
To claim writing down allowances, group items into pools depending on…
What you can claim under writing down allowances depends on what ‘pool’…
If your business provides a tool allowance to employees - what you must report to HMRC
As an employer providing a tool allowance to your employees, you have…
Some tool allowances are covered by exemptions (which have replaced…
The following guides contain more detailed information: Class 1 National…
Claim capital allowances so your business pays less tax when you buy assets - equipment, fixtures, business cars, plant and machinery, annual investment allowance, first-year allowances.
If you’re a company, find out if you can claim full expensing or the 50% first year allowance on plant or machinery costs.
If your pension savings are more than your annual allowance, carry forward unused annual allowances from previous years.
Marriage Allowance allows you to transfer some of your Personal Allowance to your husband, wife or civil partner: what you get and how to apply for free.
Find out what you may be able to claim to reduce a tax bill if you are a charity, community amateur sports club, limited company or self-employed.
Use these rates and allowances for Capital Gains Tax to work out your overall gains above your tax-free allowance, known as the annual exempt amount.
This series brings together all documents relating to Changes to allowances
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