Tax calculation Archives | Taxfile https://www.taxfile.co.uk/category/tax-calculation-2/ Tax advice & accounting services for South London businesses & SMEs Thu, 13 Mar 2025 12:08:22 +0000 en-GB hourly 1 Demystifying the SA302: Your Tax Summary Explained https://www.taxfile.co.uk/2024/03/sa302-tax-summary-explained/ Mon, 25 Mar 2024 10:13:21 +0000 https://www.taxfile.co.uk/?p=8032 Demystifying the SA302: Your Tax Summary Explained

by Faiz at Taxfile

An SA302 is a document issued by HM Revenue & Customs (HMRC) that summarizes your income tax calculation for a specific tax year. It shows how your tax bill was arrived at, including your income from various sources, any deductions and allowances, and the final amount of tax owed or refunded. In today's guide, we explain why your SA302 is important, how and where to get a copy of it, and why it's important to check tax returns and avoid errors.

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