Taxation Fundamentals: Calculation of Income Tax and National Insurance Contribution
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Added on 2023-06-15
About This Document
This article covers the calculation of income tax and national insurance contribution for the assessment year 2020-2021. It also explains the difference between tax evasion and tax avoidance and the policies introduced by HMRC to reduce them. Additionally, it discusses the capital gain tax in the case of property selling. The article is relevant for students studying taxation and related subjects.
Taxation Fundamentals: Calculation of Income Tax and National Insurance Contribution
Added on 2023-06-15
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