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Personal Taxation in General

In: A Tax Guide to Remuneration and Fringe Benefits

Author

Listed:
  • Bill Packer

    (Touche Ross & Co.)

  • Elaine Baker

    (Touche Ross & Co.)

Abstract

An individual’s tax liability for any tax year (year ended 5 April) is computed as follows: The personal allowances vary from year to year in accordance with the most recent Finance Act. A table showing personal allowances for the current year 1982/83 is included at Appendix A. The tax liability is computed on a sliding scale in accordance with the tax rates for the year in question.

Suggested Citation

  • Bill Packer & Elaine Baker, 1982. "Personal Taxation in General," Palgrave Macmillan Books, in: A Tax Guide to Remuneration and Fringe Benefits, chapter 1, pages 1-9, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-06674-2_1
    DOI: 10.1007/978-1-349-06674-2_1
    as

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