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3:33
YouTube
Louise Fitzgerald | Independent Financial Adviser
UK Income Tax Explained - Tax bands and how to calculate it
The UK taxation system comprises different types of taxes, with income tax being the most significant one. In essence, income tax is a type of tax that you pay on your income, including earnings from employment, self-employment, pensions, and savings income above a certain tax-free threshold. The threshold for the tax year 2023-24 is £12,570 ...
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