Income tax

According to HMRC income tax is a tax on income. Taxation law further defines what constitutes income. Typically, the main headings under which income is charged are as follows:

  • Employment income, pensions and some social security benefits
  • Trading income, including profits from trades, professions or vocations
  • Property income
  • Savings and investment income
  • Miscellaneous income

Please contact us and ask for additional information on any of the following topics:

  • An introduction to self assessment
  • Giving to charity
  • Enterprise Investment Scheme (EIS)
  • Seed Enterprise Investment Scheme (SEIS)
Contact us for a no-obligation review