Skip to main content

Upcoming Events

Mastering the 7 Steps of the UK Income Tax Calculation

15 Jan 26 1 min read

 

Every financial decision has a tax consequence. For UK individuals, determining the correct income tax liability requires navigating a structured 7-step process. A clear understanding of these steps is essential for building strong tax planning strategies, whether its optimising pension contributions, managing the tapered annual allowance, or addressing the taxation of investments and additional charges.

By understanding these 7 steps, you’ll be equipped to accurately calculate tax liabilities, identify opportunities to improve a client’s tax position, and provide informed guidance on reducing unnecessary tax burdens. 

Neil Macleod (Senior Technical Manager, M&G Wealth)

Up to 90 structure CPD (including Q&A)     I     Structured CPD accredited by CII 

Learning outcomes

By the end of this session, you will be able to:

  • Describe the key elements of an individual's UK income tax calculation
  • Calculate the income tax liability for a UK individual
  • Explain how clients could take steps to reduce their tax liability

Registration

15 January 2026 at 10am

Register here

Tech Matters

Related

Ask an expert

Submit your details and your question and one of your Account Managers will be in touch.

Submit a question

Find us on LinkedIn

Sign up below where you will be the first to see any news, views or support we think matters. 

Sign up

M&G Wealth is a trademarked brand of the M&G plc group which encompasses M&G Wealth Advice Limited, M&G Wealth Investments LLP and Investment Funds Direct Limited. The legal entities under the M&G Wealth brand also work alongside The Prudential Assurance Company Limited, Prudential International Assurance plc and Prudential Distribution Limited in relation to the provision of certain products and services. To understand more about our businesses and brands, you can view the corporate and regulatory information for the aforementioned legal entities.