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Worse that that it’s a tax on earned income i.e. people working, so landlords etc don’t pay it on their unearned income i.e. rents
by youngtaff 4y ago
Worse that that it’s a tax on earned income i.e. people working, so landlords etc don’t pay it on their unearned income i.e. rents
- callamdelaney 4y agoNo, they definitely pay income tax on rent. HMRC deducts any rental income from your tax free allowance on income ahead of time in fact.
- biorach 4y agoThey were referring to National Insurance, not Income Tax