The Ftax team are working on a low-cost MTD for IT solution to be launched April 2026. Contact us for further information.
The Ftax team are working on a low-cost MTD for IT solution to be launched April 2026. Contact us for further information.
Articles and how to’s for the most common topics.
If you’re in Self Assessment and the Student Loans Company (SLC) says you were in repayment for the year, HMRC will add a student loan charge to your return: 9% ...
What counts as “side income”? Anything you earn outside your main PAYE job: online selling, crafting, freelancing, rides/deliveries, tutoring, photography, pet care, short-term lets, hiring out kit, content/influencer income, matched-betting ...
Most pension income is dealt with through PAYE, so you only use Self Assessment when something isn’t fully taxed, for example, State Pension, drawdown/annuity shortfalls, or any untaxed payments. If ...
If you invest in shares, funds, crypto, or property, or you earn dividends and savings interest, you may need to include these in your Self Assessment. This page explains when ...
Living abroad doesn’t always mean you’re out of the UK tax net. If you have UK-source income (for example, rental income from a UK property) or you’re still UK-resident for ...
If you sell a UK residential property that isn’t fully covered by Private Residence Relief (for example, a buy-to-let or second home), you must report and pay any Capital Gains ...
In the UK, most crypto disposals (selling for cash, swapping for another token, spending, or gifting to anyone other than a spouse/civil partner) are subject to Capital Gains Tax (CGT). ...
If you sell shares, funds, ETFs or crypto outside an ISA/pension and make a profit above the annual capital gains tax (CGT) allowance, you may owe CGT. Current main CGT ...
This guide covers personal capital gains for individuals — things like shares, funds, crypto, and second homes that haven’t been let. If your disposal relates to a rental property (including ...
This guide is for ministers of religion and clergy who need to complete a UK Self Assessment tax return. It explains how HMRC typically treats ministers, which expenses you can ...
Here is a checklist to go through when you want to file a self-assessment online.
...You can file your HMRC Self Assessment tax return early. In fact, early filing is one of the simplest ways to reduce stress, avoid mistakes, and stay in control of ...
Staying ahead of Self Assessment deadlines saves money, stress, and time. This page explains why filing early helps, what happens if you file late, the key dates for the current ...
If you’re a sole trader, partner, or landlord filing under Self Assessment, disposals of business or property assets can create a Capital Gains Tax (CGT) bill. This page explains what ...
If you’re a trustee or a personal representative (executor/administrator), you’ll usually need to file a Trust and Estate Tax Return (SA900) when the trust or estate receives taxable income or ...
If your VAT-taxable turnover tops £90,000 in any rolling 12-month period, or you expect to go over it in the next 30 days you must tell HMRC and register. You ...
As an agent, you’ll need anAgent Services Account (ASA), each client’s VAT number and effective date of registration (EDR), and MTD-compatible software to keep digital records and submit returns. Your ...
If you act for partnerships, Ftax gives you a fast, compliant way to prepare and file the SA800 Partnership Tax Return at scale. Work from a single agent dashboard, organise ...
This page is for accountants and bookkeepers who file Self Assessment returns on behalf of clients, including SA100 (individuals), SA800 (partnerships) and SA900 (trusts & estates). It explains when SA900 ...
Filing Corporation Tax at scale is about smooth authorisation, clean data, correct iXBRL and painless submissions, repeatable across a whole client list. This guide walks through getting set up as ...
If some of your income hasn’t been fully taxed through PAYE, you may need to complete a Self Assessment (SA100). This page explains the common triggers, clarifies edge cases, and ...
If you’re a trustee or a personal representative (executor/administrator), you’ll usually need to file a Trust and Estate Tax Return (SA900) when the trust or estate receives taxable income or ...