Earning, Income & Tax

Income Tax

Deepen your understanding of the UK tax system with our step-by-step guides designed for career-starters and professionals.

Income Tax & Personal Allowance

Money you pay to the government on earned income. Learn about your tax-free Personal Allowance and how bands affect your take-home pay.

Understanding Tax Bands

Understanding tax bands helps you see how different slices of your income are taxed at different rates, so you can plan and avoid surprises.

Tax Codes

Tax codes are short combinations of numbers and letters that tell your employer how much tax to take from your pay based on your personal allowance and situation.

Tax on Savings & Interest

Tax on savings and interest is usually taken from the interest you earn on money in bank accounts or investments, and how much you pay depends on your total income and any tax-free savings allowances you have.