Jargon Buster
HMRC uses confusing language. We translate it into plain English.
- How to Declare Benefit in Kind on Your Self Assessment (P11D Explained)
A plain-English guide to P11D forms, benefit in kind, and exactly where to declare them on your Self Assessment tax return — including which boxes to fill in.
- Making Tax Digital for Income Tax: What It Means for You (Plain English)
Making Tax Digital for income tax starts April 2026. Here's what changes, who's affected, and what you need to do — in plain English.
- MTD for Landlords and Non-Residents: Property Income Rules Explained
MTD rules for landlords and non-residents: UK property income counts, foreign doesn't. Joint ownership, letting agents, and ceasing income covered.
- MTD Qualifying Income Thresholds: Who Needs to Register and When
MTD qualifying income explained: what counts (SE + property), what doesn't, and the £50k/£30k/£20k thresholds — with a calculator to check your status.
- Trading Allowance or Expenses: Which Should You Claim?
The £1,000 trading allowance and actual expenses are mutually exclusive. Here's how to decide which saves you more tax, with worked examples and the rules.