Personal tax - Personal income tax

Flow chart - tax relief for loan interest An individual is entitled to tax relief against their general income for interest paid on loans or other advances (known as alternative finance) which are used for qualifying purposes. These are limited and s... Read more

Flow chart - requirement to complete a self-assessment returnThe rules which determine when an individual is required to complete a self-assessment return are widely misunderstood. HMRC complicates matter further with an odd set of practices which do... Read more

Flow chart - simplified business expensesSimplified business expenses can be used by unincorporated businesses, sole traders and partnerships as an alternative tax deduction to actual costs incurred for a few types of expense. The rules were soon mod... Read more