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Taxable income includes:

  • bank and building society interest, but not from 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 usually 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, or Adoption Pay
  • Widowed Parent's Allowance