Chargeable income: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Create the page. HMRC webpage: https://www.gov.uk/income-tax)
 
imported>Doug Williamson
m (Categorise.)
 
(2 intermediate revisions by the same user not shown)
Line 13: Line 13:
== See also ==
== See also ==
* [[Charge on income]]
* [[Charge on income]]
* [[Chargeable person]]
* [[Corporation Tax]]
* [[Corporation Tax]]
* [[Exempt income]]
* [[Exempt income]]
Line 21: Line 22:
* [[Pay as you earn]]
* [[Pay as you earn]]
* [[Personal allowance]]
* [[Personal allowance]]
* [[Taxable income]]
[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 10:23, 28 February 2018

1. UK tax - Income Tax.

Chargeable income is income which is taxable under the Income Tax system in the UK.

For example, employment income and profits from unincorporated businesses.


2.

More generally, chargeable income is potentially taxable income, subject to any tax allowances or reliefs.


See also