Chargeable income: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Add link.)
imported>Doug Williamson
m (Categorise.)
 
Line 23: Line 23:
* [[Personal allowance]]
* [[Personal allowance]]
* [[Taxable income]]
* [[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