The tax year for 2021/2022 ended on Tuesday (April 5) - with a new one now beginning.
It comes as a series of tax and finance changes were introduced by Rishi Sunak in his spring Budget last month alongside a soaring cost of living that is putting financial pressure on millions of households all across the UK. The UK tax year ends and begins on the same date every year, April 5 until April 6 the following year.
Among the financial changes the spring Budget announced include an increase in national insurance contributions by 1.25 percentage points. If someone is self-employed, they will need to make a note for the contributions they will pay themselves in the coming tax year.
