For financial advisers only
On completion of this module you should be able to:
A client’s income tax status will affect most financial decisions throughout their lifetime - from choosing the most appropriate savings vehicle, funding for their pension or how to take their income in retirement. Understanding how income is taxed is an essential component of any financial planning.
This module should take around 45 minutes to complete. It includes a short self-assessment quiz to test what you have learned and a 45 minutes CII/PFS accredited CPD certificate can be claimed.
This module explains how income tax is calculated including the order of taxation plus the rates and allowances for each source of income.
Please read our Introductory guide to income tax before moving on to the next part of this module.