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Popular articles tagged with term 'Income Tax'

Q&A Declaring a second income

Q: I am employed and pay tax and national insurance contributions. However outside of this work I make money as a contractor in another business.

Personal Where investors should go to get tax advice online

The news, when it came a few months ago, wasn't unexpected but it was still something of a shock: as a nation, we pay out more in benefits than we raise in income tax.

Personal Summary of main changes to Personal Tax Rules 2010-11

In 2010–11, public finances continue to be dominated by the aftermath of the global financial crisis and recession, with a pressing need to cut government borrowing.

Business No Tax Relief for VCTs

Managers of Venture Capital Trusts (VCTs) were disappointed that the Pre-Budget Report failed to spell out future plans for the tax reliefs the trusts currently enjoy.

Business Self Assessment Tax Return

If you are self-employed, you pay income tax through Self Assessment (SA).

Updates Tax changes for 2011–12: Income tax and allowances

In 2011–12, the personal allowance for people under age 65 will rise by £1,000 to £7,475.

Business Top tips on how to tackle PAYE

PAYE (Pay As You Earn) is the system that HM Revenue & Customs (HMRC) uses to collect Income Tax and National Insurance contributions (NICs) from employees' pay as they e

Updates 2011 Budget: Tax updates

The recommendation by the Office of Tax Simplification (OTS) to abolish community investment tax relief has been ignored.

Updates Budget 2011: Income tax and allowances

The chancellor of the exchequer announced in the Budget that the personal allowance for people under 65 will rise by a further £630 to £8,105 in 2012-13.

Updates Budget 2011: Government to consult on NI and income tax merger

The government is to look at merging income tax and National Insurance, chancellor of the exchequer George Osborne has announced.