CISI Level 3 Practice Exam 2026 – The All-In-One Guide to Passing with Confidence!

Income for personal taxation is divided into three broad sources: non-savings income, savings income, and dividend income. Non-savings income covers wages, salaries, pensions, and most other income that isn’t from savings or shares. Savings income comes from interest earned on bank accounts and similar savings products. Dividend income comes from shares in companies paid as dividends. Each category represents a distinct type of income with its own tax treatment and allowances, so all three are considered main types of income. That’s why the best answer is all of the above.