UK Tax System

UK Tax System

Popular Tax System articles
Annual Tax Summary – How Taxpayers can Use It

Annual Tax Summary – How Taxpayers can Use It

Each tax year, HMRC issues a document to taxpayers in the UK called the Annual Tax Summary. As part of...

by Jyo YadavApril 15, 2024
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Income Tax Allowances

Income Tax Allowances

Marriage Allowance:  To qualify for Marriage Allowance, you must be married or in a civil partnership. Marriage Allowance allows married...

by Jyo YadavApril 15, 2024
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Capital Gain Reliefs – Guide to Tax Savings on Property Sales

Capital Gain Reliefs – Guide to Tax Savings on Property Sales

Principal Private Residence Relief (PPR) - for properties that have been your main home Letting Relief-  for properties that were...

by Jyo YadavApril 15, 2024
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Capital Gain Reliefs – Guide to Tax Savings on Business Assets

Capital Gain Reliefs – Guide to Tax Savings on Business Assets

In the UK, business asset tax relief can help you reduce your tax liabilities, when selling qualifying assets. This tax...

by Jyo YadavApril 15, 2024
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Capital gains Tax on Property, Possessions, Business Assets and Shares

Capital gains Tax on Property, Possessions, Business Assets and Shares

Capital Gain Tax on Property   Capital Gain tax on a property is the tax you pay on the profit...

by Jyo YadavApril 15, 2024
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Capital Gain Tax

Capital Gain Tax

Capital Gain tax (CGT) is a tax you pay on the gains you have made by selling or disposing an...

by Jyo YadavApril 15, 2024
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