UK money rules, explained

The 2026 overtime and tips deductions explained with worked examples: who qualifies, the $12,500 and $25,000 caps, the income phase-out, and the taxes you still pay.

What sole traders can claim as allowable expenses in 2026/27, the flat rates for mileage and working from home, the £1,000 trading allowance, and worked tax savings.

Salary sacrifice cuts Income Tax, NI and student loan repayments. Worked 2026/27 examples for pensions, Cycle to Work and other schemes, and the catches.

A low earner can pass £1,260 of Personal Allowance to a basic rate spouse, worth up to £252 a year. Who qualifies, when it does not pay, and how to backdate.

Earn £100,000 to £125,140 and you lose your Personal Allowance and childcare help. What that costs in 2026/27, and how pension contributions win it back.

Plan 2 vs Plan 5 for 2026/27: thresholds, interest and write-off compared with lifetime projections, and when overpaying your student loan helps or wastes money.

Stamp Duty relief, deposit, legal fees, surveys and mortgage payments for first-time buyers in England, Scotland and Wales, worked through for a £350,000 home.

Income Tax, National Insurance, the Personal Allowance and the hidden 60% trap: what comes out of your salary in 2026/27, with a worked example.