Tax law: essential guides to UK taxes and legal obligations

Tax law governs the rules and regulations surrounding the payment of taxes in the UK. It covers various areas, including income tax, corporate tax, VAT, inheritance tax, and capital gains tax. Understanding tax law is essential for individuals and businesses to ensure compliance, optimize financial planning, and avoid penalties. This cluster provides clear, practical guides on filing tax returns, understanding tax reliefs, managing disputes with HMRC, and planning for future liabilities. Whether you’re a taxpayer, a business owner, or seeking advice on complex tax matters, these resources help you navigate the UK’s tax system with confidence.

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What is the Inheritance Tax threshold UK?
What is the Inheritance Tax threshold UK?

Published on 13/12/2024 , by Qredible - Reading time: 6 mins

Most UK homeowners can pass on an extra £175,000 tax-free when leaving their main residence to children or grandchildren – potentially saving £70,000 in tax. For married couples, this saving doubles to £140,000.

What is the Inheritance Tax threshold UK?
Council Tax – What and when you have to pay?
Council Tax – What and when you have to pay?

Published on 03/09/2020 , by Qredible - Reading time: 3 mins

Council tax is taxation payable to your local authority which is based on the value of the property you live in and the geographical location of the property. The values of the property are banded into eight categories in England, A through to H, with band A being properties valued under £40,000, and band D apply

Council Tax – What and when you have to pay?
Seven-year rule: Reduce your inheritance tax liabilities!
Seven-year rule: Reduce your inheritance tax liabilities!

Published on 13/08/2020 , by Qredible - Reading time: 3 mins

Many of you will be aware of inheritance tax, even if you are not sure at what level they will be set at, though currently, it is a massive 40%. For many, it is just an accepted fact that when someone dies, the taxman benefits. 

Seven-year rule: Reduce your inheritance tax liabilities!
Self-Employed: How to calculate your tax?
Self-Employed: How to calculate your tax?

Published on 13/08/2020 , by Qredible - Reading time: 3 mins

It is more common than ever to become self-employed. With the rise of remote-working, more professionals are tuning in to the benefits of being self-employed. However, with self-employment comes new questions and challenges.; for example - how do you calculate self-employment tax?

Self-Employed: How to calculate your tax?
How to avoid paying inheritance tax in the UK?
How to avoid paying inheritance tax in the UK?

Published on 10/08/2020 , by Qredible - Reading time: 7 mins

The death of a loved one comes with all sorts of stresses and emotions. For many people, the last thing they want to do is deal with wills and estates. Nevertheless, without taking the appropriate steps, inheritance tax could end up costing you hundreds of thousands of pounds. So, all matters relating to it must be dealt with efficiently and promptly. 

How to avoid paying inheritance tax in the UK?

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