Current assets and Income Tax: Difference between pages

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''Financial reporting - balance sheet - assets & liabilities.''
(IT).


Assets that are likely to be converted into cash within a year or a normal accounting cycle.
1.
 
A UK tax charged on most sources of income, attributed to an individual in a given fiscal year.
 
UK personal Income Tax covers non-savings income, savings income and dividend income.
 
 
2.
 
More generally, a tax on individual or corporate income.
 
For example US Federal Income Tax.




== See also ==
== See also ==
* [[Assets]]
* [[Capital allowances]]
* [[Balance sheet]]
* [[Charge on income]]
* [[Current]]
* [[Chargeable income]]
* [[Current liabilities]]
* [[Corporation Tax]]
* [[Current ratio]]
* [[Dividend]]
* [[Fixed assets]]
* [[Exempt income]]
* [[Non-current]]
* [[Fiscal year]]
* [[Working capital]]
* [[Imputation system]]
* [[Inheritance tax]]
* [[IR35]]
* [[Pay as you earn]]
* [[Personal allowance]]
* [[Sales Tax]]
* [[Wealth tax]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Compliance_and_audit]]

Revision as of 00:22, 7 December 2020

(IT).

1.

A UK tax charged on most sources of income, attributed to an individual in a given fiscal year.

UK personal Income Tax covers non-savings income, savings income and dividend income.


2.

More generally, a tax on individual or corporate income.

For example US Federal Income Tax.


See also