The basis upon which personal income or business profits are assessed in the UK for each fiscal year. The specific rules for each income-tax schedule detail the profits or income to be assessed in that year.
A UK tax charged on the supply of electricity, gas, coal, and coke, as they are supplies that are regarded as leading to global warming. The levy is imposed by the Finance Act 2000 on any supply made on or after 1 April 2001.
A comprehensive guide to understanding death duty, also known as estate duty, a tax levied on the estate of a deceased person.
Non-domiciled status refers to the tax classification of a person whose country of domicile is different from their country of residence, impacting their tax liabilities.
