Adjusted Income

This is the total income for the tax year plus the value of any employee pension contributions and minus any allowances and/or tax relief. Income can include salary, bonus, profits from self-employment, benefits in kind, pension income (including Uncrystallised Funds Pension Lump Sums), property, savings and dividends etc. Allowances/reliefs can include pension scheme tax relief, gifts to charities and trade losses.  

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