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Questions And Answers

Read our expert answers to your questions

Mother and daughter working on a computer.

Will I need to pay tax on child benefit income?

My husband and I both work and I am receiving child benefit for our son. Someone has told me about the ‘High Income Child Benefit Charge’. I’m worried I’m going to have to pay tax on the income, please could you help?

1 min read

Last updated 2 Mar 2026 | First published 8 Nov 2023

Woman leaning against a house wall while looking into the distance.

How do I register for self-assessment?

 1 min read

Last updated 26 Feb 2026
First published 23 May 2024

A bearded man talking to a smiling building contractor holding a blueprint

Contractor: Limited Company or Sole Trader?

 1 min read

Last updated 25 Feb 2026
First published 2 May 2019

A woman holding a piece of paper in front of a laptop and calculator.

What are the consequences if I pay tax late?

 1 min read

Last updated 16 Feb 2026
First published 30 Jan 2020

A blonde woman chewing her glasses while looking at her laptop computer.

How do I amend my tax return?

 1 min read

Last updated 13 Feb 2026
First published 1 Feb 2017

Man sat a desk deep in thought stroking his chin

I can’t file my self-assessment tax return by 31st January, will I get a penalty?

 1 min read

Last updated 12 Feb 2026
First published 25 Jan 2022

Concerned woman looking at a paper document

What is the 60% tax trap?

 3 min read

Last updated 28 Jan 2026
First published 13 Feb 2024

Woman photographer holding a camera while sat on the corner of her desk

When is the tax return deadline?

 1 min read

Last updated 26 Jan 2026
First published 20 Sep 2024

Man cutting a woman's hair in a salon.

Do I have to complete a self-assessment tax return?

 3 min read

Last updated 9 Jan 2026
First published 18 Oct 2022

Office team sat around in a semi-circle discussing

Can you payroll benefits in kind?

 1 min read

Last updated 16 Dec 2025
First published 3 May 2024

A bearded man wearing an orange jumper standing inside a flower shop.

Can I register for VAT when I incorporate to reclaim sole trade expenses?

 2 min read

Last updated 11 Dec 2025
First published 11 Dec 2025

A woman with a pile of boxes looking at a laptop.

Will my new limited company need a new VAT number?

 1 min read

Last updated 11 Dec 2025
First published 1 Jul 2016

A couple in their 30s discussing a document at a table with a laptop.

How will the changes to pensions salary sacrifice in the Budget 2025 affect my business?

 2 min read

First published 27 Nov 2025

Man holding a clipboard standing in a car showroom.

What were the changes for company cars and vehicles in the Budget 2025?

 2 min read

First published 27 Nov 2025

blonde woman doing Christmas crafts

Do I need to pay tax on my Christmas side hustle?

 2 min read

First published 20 Nov 2025

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