How much can I earn before paying tax?

Income Tax

For the tax year 2009-2010 you can earn up to £6, 475 per year before you start paying income tax. If you are over 65  you can earn a bit more before you start paying tax.

National Insurance

For the tax year 2009-2010, you can earn up to £110 a week before you pay any National Insurance contributions.

If you would like any further information, please do not hesitate to contact Southside Accountants Wimbledon & London.