Taxable income: Difference between revisions
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imported>Doug Williamson (Create the page. Source: HMRC webpage https://www.gov.uk/income-tax/overview) |
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Revision as of 11:14, 31 August 2016
1. UK Income Tax.
Taxable income is the amount of a taxpayer's net income which is subject to Income Tax, after deducting personal allowances.
2.
More generally, an amount of corporate or personal income which is subject to taxation.
