In the UK, every person paid under the PAYE scheme is allocated a tax code. This is in the form of a number followed by a letter or letters, or a letter followed by numbers. The code determines the amount of the tax free income the person receives before tax deductions occur. Tax codes are normally reviewed, and if necessary adjusted, at least once a year, to take account of the tax paid during the year, and any variations in income. PAYE (or pay-as-you-earn) is a payroll deduction system for collecting income tax in the United Kingdom. ...
External links
HM Revenue & Customs - Understanding your tax code
You can access the Code through its own hierarchical table of contents, a comprehensive (flat) table of contents (Note: this file is almost 300K and takes a while to retrieve), or an index by section number, handy when you're looking up a citation in another document.
For example, in Section 9501(d)(7) of the Code, there's a reference to "section 402(i)" which isn't a cross-reference to the Internal Revenue Code at all, but rather a citation of a section of the Black Lung Benefits Act, as the text goes on to explain.
Conversely, a few references within the Code are not linked because the translator program decided they were external references (if you encounter one of these, it's easy to go to the section index and navigate directly to the cited section).
This strategy includes guidance on abusive transactions, regulations governing tax shelters, a hotline for taxpayers to use to report abusive technical transactions, and enforcement activity against abusive tax shelter promoters and investors.
Excise Tax has several general tax programs and one of the major components is motor fuel.
Before you decide not to file your tax return on time or not pay all of your taxes when they are due, consider this.
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