Income Tax

Income Tax

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Tax Rate on Pension Income
Faizan Rashid

Tax Rate on Pension Income UK 2024

This article will provide you with a basic overview of pension income tax rates. If you have received more than the compensation, you are liable for paying the yearly tax on the exceeding amount.

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How To Reduce Income Tax for Self-Employed
Junaid Usman

How To Reduce Income Tax for Self-Employed People in 2023-24

This article shows how it is possible for the self-employed to decrease their income taxes legally through various means, which includes contributing to their pension, giving donations to charity, making use of tax-deductible expenses, offsetting annual losses, claiming previously overpaid taxes, and more.

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Tips to reduce income tax on investments
Junaid Usman

Tips to Reduce Income Tax on Investments 

This article focuses on the various ways individuals in the UK can cut their income tax bill on their investment profits. They include National Savings and Investments (NS&I), Individual Savings Accounts (ISAs), Junior ISAs, Enterprise Investment Scheme (EIS), Seed Enterprise Investment Scheme (SEIS), Venture Capital Trusts, Self-Invested Personal Pensions (SIPPs), and Small Self-Administered Schemes (SSASs).

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Self-Employment Income Tax
Faizan Rashid

How Much is the Tax on Self-Employed Income

What it means to be self-employed, how to correctly determine employment statuses, which kinds of tax to pay, how much the tax rates for 2023-24 tax year are, and more—all these are outlined in this article.

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Our Experts

Picture of Fahad Lateef
Fahad Lateef

Fahad is a Chartered Certified Accountant (ACCA), with a motto “When “why” is clear, “how” is easier”. He is proficient in numeracy and impassioned with giving concise advice to a wide range of clients.

Picture of Junaid Usman
Junaid Usman

Junaid has been instrumental in the achievement of our success across various regions and he specialises in business management, accounting and tax advisory services.

Picture of Faizan Rashid
Faizan Rashid

Faizan is good at providing well-thought-out strategies and solutions to complex problems in Business Development which makes him a proficient overseer of our clients.

The quickest way from A to B is usually a conversation. So, if you want to find out more about how Legend Financial can boost your business, get in touch. We’ll give straight answers so you can make a confident decision, fast.

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LET’S DO BUSINESS

The quickest way from A to B is usually a conversation. So, if you want to find out more about how Legend Financial can boost your business, get in touch. We’ll give straight answers so you can make a confident decision, fast.

LET’S DO BUSINESS

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