Exempt income

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

• Charge on income
• Chargeable income
• Corporation Tax
• Exempt gain
• Imputation system
• Income Tax
• Inheritance tax
• IR35
• Pay as you earn
• Personal allowance