Income tax: general principles | Practical Law

Income tax: general principles | Practical Law

This note is a general summary of the principles underpinning UK income tax. It describes what income is and how it is taxed. It also provides links to notes describing other aspects of the UK income tax rules, such as calculation of income and exemptions from income tax.

Income tax: general principles

Practical Law UK Practice Note 0-385-1243 (Approx. 23 pages)

Income tax: general principles

MaintainedUnited Kingdom
This note is a general summary of the principles underpinning UK income tax. It describes what income is and how it is taxed. It also provides links to notes describing other aspects of the UK income tax rules, such as calculation of income and exemptions from income tax.