The Basics of the Taxation System in the UK
John F. Kennedy once said, “Every dollar released from the tax is spared or invested will help to create a new job and a new salary”. Around the spring, you will start hearing complaints from here and there about the income tax. Sure we understand that taxation is the basic source of income for the government but we really know how to calculate tax over your income? The taxation system, especially in the UK, is something that is not easy…