What Is Adjusted Net Income?

The maximum rate of corporation tax was supposed to be 25. Yeah, 25%. But because what you just said, actually you could do a 26.5. You lose your personal ounce or you still use your personal ounce if your adjusted net income goes above 100,000 pounds. Don't forget you can reduce your employment earnings by claiming your employment expenses. Make any payments into a private pension scheme though, that can cause a lot of pension tax implications and actually way more problems than it's worth.