Those who are working part-time or temporary basis they must pay Income Tax and National Insurance contributions if they earn more than £6,475 per year. This applies whether they are employed or self-employed. If you are employed on a casual, temporary or part-time basis by law your employer must deduct tax and National Insurance contributions [...]
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Tax on Temporary or Part-time Jobs
Posted by admin in Monday, March 8th 2010 under: Financial News, Income, Interest, Tax Tags: Income, loan repayment, national insurance contributions, Tax
A List of Taxable and Nontaxable Income
Posted by admin in Monday, March 8th 2010 under: Financial News, Income, Tax Tags: Income, Tax, tax free income, taxable income
It is not necessary to pay tax on certain types of income because of some of your income falls under the tax free category. The lists below will help you to work out what income counts as taxable and non-taxable, and what taxable income you can receive tax-free.
Taxable income includes income from full, part-time and [...]
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