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The Pension Allowance lets UK individuals contribute up to £40,000 each tax year into a private pension scheme. You will then get tax relief on these contributions. How to Claim It If you are employed, your employer will give you the tax benefit of your pension contributions every time they pay you. Otherwise, you’ll need …

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Are you wondering how much you can earn before paying UK self-employment tax? Then read on! If you are self-employed you can earn up to £1,000 each tax year before paying tax in the UK by taking advantage of the trading income allowance. It’s a tax-free amount you can get paid in income (not profit) without …

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