UK Tax Calculators.co.uk
UK Tax Calculators.co.uk
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I have income from a property I receive a pension and a pension from the fsa I also receive Industrial injury benefit how do
Ron Walshaw - 09/05/2016 14:47:45Industrial Injuries Benefit is a tax-free state benefit so to calculate your total take home income you should add together your pension incomes and enter the total into the NIC EXEMPT EXTRA INCOME box and enter your property income into the PROPERTY RENTAL PROFITS box.
Ray Arman
Very good
Omar Abbas - 05/05/2016 15:03:24
NICE WORK!
RYAN LEWIS - 03/05/2016 13:59:18
Love the app but am really disappointed that it doesn't have any adjustment for interest relating to rental property.
Eric Camp - 26/04/2016 08:15:54Hi Eric, could you email me more details regarding this? I updated the app to allow for the two type of capital gains tax (residential, other). There is an income type for property rental profits but you would have to manually deduct allowable expenses before entering the net profit before tax.
Ray Arman
FYI: Savings still use up bands, but the first 500 or 1000 is 0%, so the PSA can take you into higher rate.
Steve Falla - 15/04/2016 16:39:54Thank you - this error has now been corrected on the website and app.
Ray Arman