The new tax year started on 6 April 2023. You may already have been sent a tax code for the year from HMRC.
So what is a tax code, how does it work and is it correct?
There’s a great resource here to have a look
The new tax year started on 6 April 2023. You may already have been sent a tax code for the year from HMRC.
So what is a tax code, how does it work and is it correct?
There’s a great resource here to have a look

Landlords running an unincorporated property business can claim a tax reduction for interest and finance costs incurred in relation to residential lets (including holiday lets).

Where a business is run through a personal or family company, the directors/shareholders will need to extract profits if they are to be used personally.

Costs of working from home When an employee works from home, they may incur additional costs, such as higher gas and electricity bills. The tax