Taxable Benefits
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Tax Return
What Are Taxable And Non-Taxable Benefits for UK Citizens
December 07, 2022
The tax system in the UK is made up of five taxes- income tax, corporation tax, VAT (Value Added Tax), Capital Gains Tax (CGT), and National Insurance Contributions (NIC). While the income tax is levied on annual income, the Corporation tax is a business-level tax. Now comes the Value-added tax on purchased items and Capital… View Article
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