Not taxed or subject to taxation.
- Social Security benefits are untaxed for relatively low-income beneficiaries but 85% taxable for higher-income recipients.
- Items which could reduce your tax free allowance are any untaxed interest, benefits in kind or any freelance earnings.
- It is true that a partial excise can be shifted forward in this way, in the long run, by resources leaving, let us say, the liquor industry and shifting into other untaxed industries.
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