Boring Tax Stuff
What's the personal allowance for income tax in...
The standard Personal Allowance is £12,570, which is the amount of income you do not have to pay tax on.
What's the personal allowance for income tax in...
The standard Personal Allowance is £12,570, which is the amount of income you do not have to pay tax on.
What are the income tax brackets for the tax ye...
The amount of income tax you pay depends on your income. Band Taxable income Tax rate Personal Allowance Up to £12,570 0% Basic rate £12,571 to £50,270 20% Higher rate...
What are the income tax brackets for the tax ye...
The amount of income tax you pay depends on your income. Band Taxable income Tax rate Personal Allowance Up to £12,570 0% Basic rate £12,571 to £50,270 20% Higher rate...
What expenses can I claim?
Can I claim for this or can I claim for that? This question is asked so many times but every time it could be valid. The biggest thing to...
What expenses can I claim?
Can I claim for this or can I claim for that? This question is asked so many times but every time it could be valid. The biggest thing to...
What's a P60?
A P60 form is a statement or certificate showing how much you have earned, and the amount of tax you have paid in a tax year. You get a separate P60 for...
What's a P60?
A P60 form is a statement or certificate showing how much you have earned, and the amount of tax you have paid in a tax year. You get a separate P60 for...
What's the difference between Gross & Net?
Gross is the total amount before any tax has been deducted. Net is the amount that is received after tax (or any other deductions) has been deducted.
What's the difference between Gross & Net?
Gross is the total amount before any tax has been deducted. Net is the amount that is received after tax (or any other deductions) has been deducted.
What's a dividend?
A dividend is a payment a company can make to shareholders or owners if it has made or making a profit. They are not a cost. Smaller companies often make...
What's a dividend?
A dividend is a payment a company can make to shareholders or owners if it has made or making a profit. They are not a cost. Smaller companies often make...