Taxes and National Insurance

Beginner's guide to tax

Types of tax, how each tax is worked out and collected and what happens to the money

Income Tax rates, taxable and non-taxable income, personal allowance, other Income Tax reliefs and allowances, tax codes and reclaiming tax

National Insurance (NI) - who needs to pay it, current rates and how to get an NI number

How much you pay in rates and who's responsible, what happens when you move or the property is empty

What happens if you give away or sell an asset that's gone up in value - the basics of Capital Gains Tax (CGT)

How and when you have to pay Inheritance tax - the exemptions and the role of the personal representative or executor

Find out what the VAT amount on your receipts means and why you have to pay it

Stamp Duty Land Tax on property and Stamp Duty on shares - how they work and how much you pay

Bogus HMRC emails - don't give away your personal details