Chargeable income

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

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