Learn the UK Tax Language


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UK Tax Glossary

Welcome to our Tax Glossary. Here you will find clear and comprehensible definitions of most of the tax terms you will face when dealing with UK income tax. This Glossary will help you understand the tax language, however it will not offer direct solutions to your tax issues. If you need further advice on any of those tax terms - just ask a tax adviser and get a free consultation right now!


Letter: H


Higher Rate Tax: Until the year 2009/10 this was the highest rate of tax payable by individuals in the UK - 40%. Since 6 April 2010 there is a new rate of tax which is even higher, it is called Additional rate and is currently 50%.

Homeworker employee: Tax relief is available to cover reasonable additional household expenses where the duties carried out at home are central duties of the employment and it is a requirement of the duties that the work is carried out at home and nowhere else.

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Impending Deadlines


Monthly PAYE/NIC/CIS tax to 5th December due.


Key UK Tax Dates