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UK Income Tax

With the recent budget supplying new details on tax in the UK for all workers, we took a look at UK income tax as it stands right now. What Is Income Tax? In the UK, income tax is a tax levied by the government on the earnings of individuals, sole traders, partnerships, and limited companies. […]

UK Income Tax Explained

Many do not understand the tax they pay. so with that in mind, we wrote some thoughts on the following: UK income tax explained. UK Income Tax Explained – Basic Definition In the UK, income tax is a tax on an individual’s earnings (income) from employment, self-employment, and other sources. HM Revenue and Customs (HMRC) […]

Income Tax Explained

So, everyone has heard of this tax, but how many truly understand what it involves, and what they pay as part of their earnings? Well, let’s find out. Here is income tax explained. Income Tax Explained – Definition Uniquely, this form of tax is a type of tax that UK taxpayers pay on their earnings […]