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Taxation
C/E/342. Taxation in the UK
- WORDS:
- 2000
- DATE:
- 2009
- PRICE:
- 29.99 GBP
This paper looks at the taxation system in the UK. There are numerous types of income that should be declared within a tax year. Failure to do that or late submission leads to imposed penalties and interest payments that may reach up to the amount of the taxes paid. PAYE is a system through which employers can deduct taxes from wages of employees and send them to HMRC.
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