Exempt income: Difference between revisions

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imported>Doug Williamson
(Create the page. Source: HMRC webpage https://www.gov.uk/income-tax)
 
imported>Doug Williamson
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Exempt income is income which is outside the scope of the Income Tax system in the UK.
Exempt income is income which is outside the scope of the Income Tax system in the UK.
Examples include premium bond winnings and income from New Individual Savings Accounts (NISAs).




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* [[Imputation system]]
* [[Imputation system]]
* [[Income Tax]]
* [[Income Tax]]
* [[New Individual Savings Account]]
* [[Inheritance tax]]
* [[Inheritance tax]]
* [[IR35]]
* [[IR35]]
* [[Pay as you earn]]
* [[Pay as you earn]]
* [[Personal allowance]]
* [[Personal allowance]]

Revision as of 10:27, 31 August 2016

1. UK tax - Income Tax.

Exempt income is income which is outside the scope of the Income Tax system in the UK.


2.

More generally, exempt income is income which is outside the scope of either:

  • a particular tax; or
  • all taxes.


See also