UK Tax System

Popular Tax System articles

UK state pension age update

UK state pension age update

UK State Pension Age Update What You Need to Know in 2025 The UK state pension age update has been one of...

by wiseinvestorpath5 September 2025
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CGT guide 2025

CGT guide 2025

Capital Gains Tax Guide UK 2025 Everything You Need to Know Capital Gains Tax (CGT) remains one of the most...

by wiseinvestorpath12 September 2025
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VAT Accounting Schemes to Report and Pay

VAT Accounting Schemes to Report and Pay

Value Added Tax (VAT) schemes in the UK are designed to simplify VAT administration for businesses and provide options for...

by wiseinvestorpath15 April 2024
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VAT Taxation in the UK: Import, Export, and Construction

VAT Taxation in the UK: Import, Export, and Construction

Goods can be dispatched by post, courier or collected by person. Before you charge zero-rate VAT on the goods, make...

by wiseinvestorpath15 April 2024
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A Guide to Value Added Tax (VAT)

A Guide to Value Added Tax (VAT)

Value Added Tax (VAT) is applicable to a wide range of businesses and individuals involved in the supply of goods...

by wiseinvestorpath15 April 2024
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Understanding Income Tax System

Understanding Income Tax System

Taxes on individuals and businesses are levied based on their income. They are collected by the HMRC and used to...

by wiseinvestorpath15 April 2024
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An Overview of the UK Tax System: Understanding Your Tax Obligations

An Overview of the UK Tax System: Understanding Your Tax Obligations

The tax system collects money from individuals, businesses, and other entities so the government can function properly. To meet the...

by wiseinvestorpath15 April 2024
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Tax Bands and Allowances

Tax Bands and Allowances

Income tax is a fundamental aspect of the UK's tax system, impacting both individuals and businesses. Read through this post...

by wiseinvestorpath15 April 2024
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National Insurance Contributions (NICs)

National Insurance Contributions (NICs)

NICs are contributions paid by individuals and employers to fund state benefits, including the state pension and healthcare. You need...

by wiseinvestorpath15 April 2024
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National Insurance Credits

National Insurance Credits

National Insurance Credits Ensuring people have a future is a crucial role of National Insurance Credits as they contribute towards...

by wiseinvestorpath15 April 2024
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Tax on Trust

Tax on Trust

The purpose of trust is to manage assets such as money, investments, land, and buildings; some common reasons for trusts...

by wiseinvestorpath15 April 2024
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Pension

Pension

Pension is a long-term investment, usually having the financial security during retirement phase. Individuals contribute to Pension fund throughout their...

by wiseinvestorpath15 April 2024
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