13/10/2026
Tax comes out of your salary every month, so it’s easy to think everything’s already covered. But that’s not always the case.
PAYE mainly deals with the tax on your salary.
If you also earn money from property, savings, investments or overseas income, you may have extra tax to pay or income that needs to be reported to HMRC.
If you sell shares, property or another asset for more than you paid for it, you may also have Capital Gains Tax to report and pay.
So even if your salary is fully taxed through PAYE, income coming from somewhere else may still need separate attention.
Save this for future reference.✅