Although this list is not exhaustive, examples of taxable income are:
- Bank and building society interest (not including Individual Savings Accounts (ISAs))
- Capital Gains income
- Chargeable event gains from life insurance policies
- Dividends on company shares (not including dividend income from ISAs)
- Income from a lodger in your own or family home if more than certain government thresholds
- Income from a second property
- Income from full time, part time and temporary employment (if you get perks or benefits from your employer these may also be taxable)
- Income from outside the UK
- National Savings and Investments accounts and bonds
- Profits from self employment (after the deduction of allowable expenses)
- Personal or company pensions
- Pensioner bonds
- Retirement annuity
- State Pension
- Trust income
The following benefits are also generally taxable:
- Bereavement Allowance (previously known as Widows Pension)
- Carers Allowance
- Certain payments of Incapacity Benefit
- Contributions Based Employment and Support Allowance (ESA)
- Graduated retirement benefit
- Income Support when paid to strikers or people involved in a trade dispute
- Jobseekers Allowance (JSA)
- Pensions payable under the Industrial Death Benefit scheme
- Statutory Sick Pay
- Statutory Maternity / Paternity / Adoption Pay
- Widowed Parent's Allowance