Income tax is the tax which is paid on any income which you receive over a certain level - for example, income from your employment, pension, interest on savings or dividends, rental income etc.
Most people have a personal allowance, which is the amount of income they can receive before being taxed. For 2018-19 the basic Personal Allowance is £11,850 but can be higher for people over a certain age. Generally speaking anything over this level will be taxed.
Income Tax is something which many people often overlook as they have the majority of income tax deducted at source - i.e. it is automatically deducted from their income or from the bank interest.
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