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  2. Personal allowance - Wikipedia

    en.wikipedia.org/wiki/Personal_allowance

    In the UK tax system, personal allowance is the threshold above which income tax is levied on an individual's income. ... 2021–28: 12,570 [18]-- See also

  3. Taxation in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_United_Kingdom

    UK income tax and National Insurance charges (2016–17) UK income tax and National Insurance as a percentage of taxable pay, and marginal income tax and NI rate (2016–17) Annual income percentiles for taxpayers in the UK, before and after income tax. In the SVG file, hover over a graph to highlight it.

  4. Capital gains tax in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Capital_gains_tax_in_the...

    In the UK, gains made by companies fall under the scope of corporation tax rather than capital gains tax. In 2017–18, total capital gains tax receipts were £8.3 billion from 265,000 individuals and £0.6 billion from trusts, on total gains of £58.9 billion. [1] The current operation of the capital gains tax system is a recognised issue.

  5. Fact check: The proportion of adults paying income tax has ...

    www.aol.com/fact-check-proportion-adults-paying...

    The post also cited today’s income tax threshold at £12,570, and not the one that was in place in 2014-15, which was £10,000. ... The number of people paying income tax in the UK has increased ...

  6. Fact check: Pensioners paid £19.5 billion in income tax in ...

    www.aol.com/fact-check-pensioners-paid-19...

    The income tax threshold is set at £12,570 per year. If a pensioner has a combined state and personal pension income above that threshold they will pay tax on that extra amount.

  7. UK raises threshold on property purchase tax to boost housing ...

    www.aol.com/news/uk-raises-threshold-property...

    Britain will raise the threshold of a tax on property purchases from 125,000 pounds to 500,000 pounds to boost activity in the housing market after the coronavirus lockdown, finance minister Rishi ...

  8. Income in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Income_in_the_United_Kingdom

    The 2013/14 HBAI reported that 15% of people had a relative low income (below 60% of median threshold) before housing costs. [9] Data from HMRC 2012–13; incomes are before tax for individuals. The personal allowance or income tax threshold was £8,105 (people with incomes below this level did not pay income tax). [6]

  9. List of countries by tax rates - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by_tax_rates

    6.9% (for minimum wage full-time work in 2024: includes 20% flat income tax, of which first 7848€ per year is tax exempt for low-income earners + 2% mandatory pension contribution + 1.6% unemployment insurance paid by employee); excluding social security taxes paid by the employer

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