WebThe 100% corporate income tax exemption for income derived from information technology services and ITES provided by companies engaged in cloud services, e -learning platforms, e-book publications, mobile application development services, etc. has been extended through 30 June 2024. WebFreelancers as well as employed individuals can year £12,570 annually without paying taxes, also called personal allowance. In Wales, England and Northern Ireland, 20% tax is charged if you earn between £12,570- £50,270, 40% between £50,271 - £150,000 and 45% above £150,000. There are two extra tax bands in Scotland.
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