A state benefit payable after the expiry of state sickness benefit if a person is still unfit to work. This replaces the former invalidity benefit and as such carries a reduced level of benefit.IncomeMoney received by an individual as a salary, or from investments. Cash deposits and bonds will provide income in the form of interest. This income is subject to income tax.Income from propertyIncome received from property letting is subject to income tax. The amount taxable is the amount receivable in the tax year. If an owner, occupier or tenant rents out a room he may receive up to a certain annual income without incurring a tax liability.