Questions And Answers

Read our expert answers to your questions

A smiling man with beard and glasses with his arms crossed while standing in his home office.

I'm a director but not paying any National Insurance, why?

I am a director of my own limited company and I am taking a salary of £15,000 per annum paid in equal monthly instalments. I know this is above the level at which you start paying National Insurance Contributions (NICs). Why am I not having anything deducted?

2 min read

Last updated 17 Jul 2026 | First published 5 Jul 2019

A woman shop assistant passing a wrapped loaf of bread to a male customer in a bakery shop.

How can I keep track of what my customers owe me?

1 min read

Last updated 17 Jul 2026
First published 3 Jul 2019

A young couple walking into a bedroom while carrying their luggage.

Renting out my home on Air BnB

2 min read

Last updated 17 Jul 2026
First published 7 Sep 2018

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Does pension auto enrolment apply to low-paid staff?

1 min read

Last updated 17 Jul 2026
First published 3 Apr 2018

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What is the VAT registration threshold?

1 min read

Last updated 17 Jul 2026
First published 2 Mar 2018

A woman doctor touches the shoulder of a female patient in a consulting room.

Do I need to report a medical benefit?

1 min read

Last updated 17 Jul 2026
First published 31 May 2019

A father, a mother and their two children having fun on an exotic beach.

Will I pay tax on my director’s loan?

1 min read

Last updated 16 Jul 2026
First published 1 Jun 2018

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

How is bank Interest taxed?

2 min read

Last updated 15 Jul 2026
First published 1 Dec 2017

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

1 min read

Last updated 15 Jul 2026
First published 11 Aug 2017

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

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Can I claim for clothing purchased for work purposes?

1 min read

Last updated 14 Jul 2026
First published 3 Aug 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

Two tailors measuring up a blue suit

Making Tax Digital – how does it interact with self-assessment?

2 min read

First published 6 Jul 2026

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