Unit 3: Income Tax for employees

Learning intentions

At the end of this unit, I will be able to:

  1. Explain the different types of income earned by individuals and businesses.
  2. Differentiate between direct and indirect taxes.
  3. Distinguish between taxable and non-taxable income.
  4. Outline the concept of tax rate bands and tax credits.
  5. Explain how the PAYE system operates.
  6. Complete basic income tax calculations.

Resources

Module resources are available individually in the links below or combined in a zipped file from the blue download button.