2007-01-29 13:10:39 · 3 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United Kingdom
Basic rates are 23% and higher rates are a flat 40%
2007-01-29 13:20:41 · answer #1 · answered by realdolby 5 · 0⤊ 0⤋
Britain's tax revenues as a share of national income last year rose to 37.2%, above the average for all OECD countries. The rise, from 36% in 2004, was the third biggest of any OECD member.
That's a Conservative estimate though.
Basic rate is 22% - between £2,091 - 32,400
Gordon has however mastered the black art of using fiscal drag (not updating allowances in line with his gerrymandered stats), and taxing expenditure not income to give us one of the highest tax rates in the world.
2007-01-29 13:16:57 · answer #2 · answered by LongJohns 7 · 0⤊ 0⤋
the base rate is 10%
2007-01-29 14:11:03 · answer #3 · answered by Martin14th 4 · 0⤊ 0⤋