Income Tax | SA Ledgers Ltd

A reminder to consider the Marriage Allowance

by admin | Jun 4, 2026 | Income Tax

Many married couples and civil partners could be missing out on valuable tax savings available by claiming the Marriage Allowance. If your circumstances are suitable, this is a reminder to consider the Marriage Allowance, as a simple claim could reduce your tax bill...

Are you affected by the High Income Child Benefit Charge?

by admin | Jun 4, 2026 | Income Tax

Families claiming Child Benefit should be aware of the High Income Child Benefit Charge (HICBC), which can apply when one member of the household has a higher income. The charge applies where an individual has adjusted net income of more than £60,000 in a tax...

A reminder of the tax rules for online sellers

by admin | Jun 4, 2026 | Income Tax

A reminder that the tax rules for how online platforms report seller information to HMRC changed on 1 January 2024. Digital platforms such as eBay, Vinted and Airbnb are required to collect and verify certain details about users who sell goods or provide services...

Tax on rental income

by admin | Jun 4, 2026 | Income Tax

If you receive income from renting out property, it is important to understand your tax obligations and the reliefs that may be available. Rental income is generally taxable, although landlords can deduct certain allowable expenses before calculating the amount of tax...

Claiming to reduce payments on account

by admin | May 28, 2026 | Income Tax

Self-assessment taxpayers are usually required to make payments on account to pay their Income Tax liabilities. These are paid in two instalments, the first on 31 January during the tax year and the second on 31 July following the end of the tax year. A final...

Making Tax Digital – which software to use

by admin | May 21, 2026 | Income Tax

Making Tax Digital (MTD) for Income Tax is now in force for many self-employed individuals and landlords. Since 6 April 2026, taxpayers with qualifying business or property income exceeding £50,000 are required to maintain digital records and submit quarterly...