I have been thinking recently about all the taxes UK citizens and companies have to pay to live and work in this country and thought it would be a good idea to list them here, so here goes - Hope I have not missed any! Income
National Insurance Alcohol and tobacco Council tax VAT - why add this to energy bills? Road fund Fuel duty - on petrol & derv - why so high as oil companies already taxed? Air Passenger Duty - APD & other aviation taxes Carbon tax - another one on energy bills! Stamp duty - shares and house (wonder why the housing market is sluggish!) Capital gains Corporation Employers NIC Business rates Class 1a NIC ...and finally when we die....Inheritance (but only 3% of estates large enough for this) Tax Freedom Day, the first day we get to keep our earnings in the year is 30th May for 2013, and we will see how that changes for 2014. Now I have listed them I can start to compare these to other countries to help decide where I want to retire to!
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AuthorThis is the Blog of David Knight with updates on EnigmaSounds & also some hopefully amusing, informed comments with the occasional rant and rave about this crazy world we all live on. My old archived blog can still be found at - http/david2knight.wordpress.com Categories
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