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Old 28-10-2007
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Lee Lee is offline
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Join Date: Oct 2006
Location: More north than Northy!!
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Quote:
Originally Posted by SlowOne View Post
Sorry Lea, not very clear. Those presentages are the amount of the total Government income - so 30% of all Government income is income tax, and 8% of all Government income is Corporation Tax, and so on...

Fuel duty is 6% of all Government... etc. Compared to the other areas of income, it's a pretty small amount, even though we feel it every day. What's also not obvious is that every time the refinery price changes, the tax goes up because of the VAT element :sneaky:

If Income Tax had to be paid at a kiosk every week, there would be a lot more moaning about that!! It just slides out of the salary as a number on a sheet; as we've never had it, we don't see it being taken away!

I find it interesting that people moaning about taxes in this country go live in France, Spain and Italy, where taxes are even higher, because they say it is a better quality of life. And everyone talks about the Swedes' very high quality of life, and they pay the highest taxes in Europe! There's a lesson in there somewhere...

Anyway, hope that clears the %ages up for you.
I understand now cheers.

Yes i was in denmark last year and norway a few weeks ago, on average in a bar you would pay £8 a pint.
I also hear what your saying if we had to go and hand over a percentage of our wages each week, there would be murder (i dont like doing it)
I think though if you add up all of our taxes we really do get hammered, like 22-40% on income, 17% on anything we buy, flights are nearly 50% tax, council tax (mine is 2.5k a year) it all adds up and how much of your net wages really go to you, even your savings are taxed when you have already paid tax when earning the cash.
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