Adjusted Net Income

Your adjusted net income is your total taxable income, including factors such as salary, rental income, freelance earnings and more. Your Personal Allowance is included in this figure, however tax reliefs such as charitable donations and pension contributions are not included. When your adjusted net income surpasses a particular threshold, you may be required to complete a tax return and/or make tax payments. For bespoke advice about how your adjusted net income may affect your tax payments or benefits such as Child Benefit Allowance, contact our experts today.

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