Even 'dole' goes towards taxable income now.
Obviously nobody actually pays tax until their tax free allowance for that year has been exceeded....and that's just been increased to what...9 grand ?
Even 'dole' goes towards taxable income now.
Obviously nobody actually pays tax until their tax free allowance for that year has been exceeded....and that's just been increased to what...9 grand ?
The tax free personal allowance for the 2012-2013 tax year will be £8,105Originally Posted by grahamw48
Even 'dole' goes towards taxable income now.
Obviously nobody actually pays tax until their tax free allowance for that year has been exceeded....and that's just been increased to what...9 grand ?
The £9,205 tax free allowance will come into force for the 2013-2014 tax year, so another year to wait yet. Mind you that was only a budget announcement so I guess it could change depending...
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