The FAQs explain the uniform wage definition and the 50% allowance cap across all Codes. Gratuity applies prospectively from 21 November 2025 with clarified eligibility and ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. A capital allowance is an expenditure a U.K. or Irish business may claim against its taxable ...

Having worked hard to earn money, it’s important not to find yourself paying more tax than is absolutely necessary. With this in mind, it’s worth familiarising yourself with the allowances available, ...

HM Revenue & Customs (HMRC) is unable to tell how much tax it collects from people breaching various annual allowances, meaning the government may find it difficult to evaluate the outcome of any cuts ...