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Self-employed tax – income tax rates explained
Summary by simplybusiness.co.uk
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Self-employed tax – income tax rates explained
UK income tax is charged on income and earnings made by individuals in any given tax year. The rates and thresholds are set by the UK government (and the Scottish Parliament), and tax is collected by HMRC. These rates can change with announcements by the chancellor. This guide covers everything you need to know about current income tax rates and bands for the self-employed, including: what is self-employed income tax? how the self-employed tax …
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