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Questions And Answers

Read our expert answers to your questions

A man wearing glasses holding a cup sat at on the sofa in his living room.

How is bank Interest taxed?

I’m a bit confused by all the allowances for bank and savings interest. Can you explain how it works please?

2 min read

Last updated 15 Jul 2026 | First published 1 Dec 2017

Woman sat at her desk resting her head on her chin.

Opting out of a workplace pension – what happens in the future?

1 min read

Last updated 15 Jul 2026
First published 11 Aug 2017

A male and a female construction worker in hi viz vests laughing

Can I claim for clothing purchased for work purposes?

1 min read

Last updated 14 Jul 2026
First published 3 Aug 2018

An elderly couple looking at official looking letters while sat on a sofa

What should I do with a P800?

2 min read

Last updated 14 Jul 2026
First published 6 Apr 2018

Young man hugging his dad who is sat at a dining table.

Gifting a property to my children – what do I need to know?

2 min read

Last updated 13 Jul 2026
First published 6 Jul 2018

Owner of a record shop stood behind the counter holding a seven inch vinyl record.

How do I register my new business with HMRC?

1 min read

Last updated 9 Jul 2026
First published 5 Oct 2017

A smiling woman wearing a stripey jumper smiling at her desk while holding her mobile phone.

Making Tax Digital for income tax – what software is available?

3 min read

Last updated 6 Jul 2026
First published 6 Jul 2026

A man in a pink T-shirt scanning a receipt using her mobile phone.

Do I need to scan my receipts under Making Tax Digital?

1 min read

Last updated 6 Jul 2026
First published 1 Mar 2019

An estate agent showing a man a woman a document in an empty room.

Property losses – do I need a tax return?

1 min read

Last updated 3 Jul 2026
First published 4 May 2018

A happy couple sat on a sofa looking at a laptop on the man's lap.

Is my software Making Tax Digital-compliant?

1 min read

Last updated 3 Jul 2026
First published 1 Mar 2019

A man explaining to a couple something on a wallchart in an office.

I've started a business, can I offset costs incurred before it started?

1 min read

Last updated 3 Jul 2026
First published 31 May 2019

Sad woman looking away from her laptop.

Self-Assessment Tax Return: Missed your second payment?

2 min read

Last updated 2 Jul 2026
First published 15 Oct 2021

Music shop owner sat with a guitar with more guitars behind him.

What are Making Tax Digital for income tax Quarterly Updates?

3 min read

Last updated 2 Jul 2026
First published 2 Jul 2026

A couple carrying boxes into an empty room in a house.

Can I claim relief for mortgage interest on a buy to let property?

1 min read

Last updated 2 Jul 2026
First published 7 Jul 2017

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