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Category: Tax Planning

S455 Tax 2024-25- Tips for UK Businesses copy
Tax
S455 Tax 2024-25: Tips for UK Businesses

Understanding tax rules in the UK can be tough, especially for small business owners and directors of close companies. One confusing tax is the S455

How Much Do I Take Home After Tax
Tax
How Much Do I Take Home After Tax

1. Introduction to Take-Home Pay Net income, sometimes known as take-home pay, is the salary an employee gets after all required deductions, including pension payments,

How Much Can You Earn Before Paying Tax
Tax
How Much Can You Earn Before Paying Tax?

In the UK, you can earn up to £12,570 before paying tax (as of the 2024/2025 tax year). Your standard personal allowance will be £12,570.