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Tax essentials

In this section we hope to take you through:

  • finding out whether your income is taxable or tax free,
  • understanding your tax allowances
  • understanding how tax rates work, and
  • some simple examples so that you can see how your tax bill is made up.

We also look at briefly how self assessment works and provide more information on different types of savings income and how they are taxed.

We also have a look at the different ways your tax is collected.

The topics listed below can be looked at individually or you can progress through the section from start to finish.