![]() |
|
| *Ostroff, Fair and Company>>>United Kingdom Taxes |
How much tax does an average UK resident pay? |
I mean all taxes, not just income...including local authority and so on. Just under 50%. Good guide is to look up info on 'tax freedom day'. In 2006 every penny you earn from 1 January until 3 June goes to pay your tax. Only the rest is yours to keep (based on all taxes and 'average' UK taxpayer). See http://www.adamsmith.org/tax/ bout 50% 17 and a half % tax and including national health it works out bout 24% then there is council tax that is paid every month but that depends on how much the house u are living in is worth 2 much considering, who gets to spend it 17.5% Average income is 拢25,000 in the UK, of which someone could expect around 29% deducted on income tax and national insurance. If you look at Council Tax, an average family will pay around 拢100 a month, give or take, so as a percentage annually that's 5%. Getting into petrol consumption would be too complicated! So, I'd estimate around 35% on taxes. Income tax alone (for the average person) is 22%. http://www.adviceguide.org.uk/index/life... But there are other taxes, like VAT, poll tax, council tax ... and tax on almost anything else you can think of!!! |
| Tags |
| Other - Business & Finance Other Taxes United States Taxes United Kingdom Taxes Spain Taxes Singapore Taxes Mexico Taxes Ireland Taxes India Taxes |
Finance Categories--Copyright/IP Policy--Contact Webmaster |