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INCOME TAX Income tax (IT) is charged on all your income that arises in the UK. If you are a UK resident, you may also be liable for IT on any income arising overseas. • Personal allowances are deducted from your inco
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INCOME TAX Income tax (IT) is charged on all your income that arises in the UK. If you are a UK resident, you may also be liable for IT on any income arising overseas. • Personal allowances are deducted from your inco