This page could be a list of headings with brief text linking on to more info through a “read more” click button.
Capital Gains Tax is a tax on the profit when you sell (or ‘dispose of’) something (an ‘asset’) that’s increased in value. It’s the gain you make that’s taxed, not the amount of money you receive. (Read More – link to be added)
Pensions Tax When you take money from your pension pot, 25% is tax free. You pay Income Tax on the other 75%. Your tax-free amount doesn’t use up any of your Personal Allowance – the amount of income you don’t have to pay tax on. The standard Personal Allowance is £11,000.(Read More – link to be added)