A tax personal allowance, also commonly referred to simply as a personal allowance, is an amount of income that an individual can earn each year without having to pay income tax on it. It represent...
The tax-free daily allowance in the House of Lords is due to rise from £342 to £360 next month in line with the 5.5 per cent increase in MPs' salaries.
House Rent Allowance (HRA) is an allowance (part of CTC) given by your employer to help you cover the cost of living in a rented accommodation.
Income Tax on payments from pensions, tax-free allowances, how you pay tax on pensions.
Pick the right Isa and shield yourself from income, capital gains and dividend taxes
The withholding allowance reduces how much income tax is deducted from an employee’s paycheck. As of 2018, withholding allowances are no longer used on Form W-4.
Investors need to be wary about the impact of the new Dividend Allowance on their tax bills and income returns. A Chancellor in search of savings often poses a risk to investors; George Osborne’s d...
How much interest can you earn on your savings before paying tax? Your personal savings allowance is the answer. Learn more about tax-free savings with Halifax.
What is the pension lifetime allowance? The lifetime allowance is... take a break from the NHS over the next 12 months due to pension tax rules. The punitive allowance is also thought to be...
Learn about House Rent Allowance in detail including what is HRA, Tax Exemptions and benefits of availing HRA. Know about HRA Calculation with examples on Groww.