Taxable income: Difference between revisions

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(Create the page. Source: HMRC webpage https://www.gov.uk/income-tax/overview)
 
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[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 16:33, 28 February 2018

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.


See also