Business Insurance Online

The Meaning Of Tax Code 307T

If you are a taxpayer in the UK, the HM Revenue and Customs have definitely assigned you with a tax code. Apart from informing you about the tax free allowances that you are entitled to, it also goes along way in helping you establish whether you are owed any tax rebates by the government, the kind of benefits that you are entitled to, and the expenses that the tax agency expects you to incur.

By:
Jonathan Genlanl
Financel
Feb 14, 2011

An Overview Of The Tax Code For 2011-2012

By this time, majority of the taxpayers in the United Kingdom have already received their tax codes for the 2011-2012 tax year. In the tax years 2009-2010 and 2010-2011, the tax codes basically remained the same. However, certain changes were brought in which saw some tax codes moving 100 points upwards. But what exactly are tax codes and what is their main purpose?

By:
Jonathan Genlanl
Financel
Feb 14, 2011