Property News · November 25, 2014

Factsheet: Income tax


There’s no minimum age to pay, but because it’s a progressive tax, you don’t have to pay it if you earn below the thresholdThere is no minimum age at which a person must pay income tax. What matters is your income: if it is below a certain level during a given tax year you won’t have to hand anything over to the taxman. If it is higher, you will face a bill. Continue reading…

Source : theguardian.com
Read more…Factsheet: Income tax