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i am a studuent on a assey about UK taxation system ? i need some help , if you can give me an answer, i will preciate.

2007-06-28 10:05:51 · 3 answers · asked by xin y 1 in Business & Finance Taxes United Kingdom

3 answers

Income Tax, N.I., VAT and then all the others ...

Total Tax burden (2006) 41% (and increasing).

Tax Freedom Day (2006) 3 June (and getting later) .. in other words, since 1st Jan, we have all been working for the Government - and have only just started to work for ourselves a couple of weeks ago !! (I wondered why I needed a Holiday so badly :-) )

2006/07 (provisional) , £ million

143,436 Income Tax
86,840 National Insurance
77,348 VAT (including VAT on Fuel Duty)
44,329 Corporation Tax
23,585 Fuel Duty (excluding PRT)
13,385 Stamp Duty
8,149 Tobacco Duty
3,915 Capital Gains
3,545 Inheritance Tax
3,072 Beer Duty
2,324 Customs (Import duty)
2,382 Wine Duty
2,321 Insurance Premium Tax
2,256 Spirit Duty
2,184 PRT (Petroleum Revenue Tax)
1,388 Betting & gaming Duty
972 Air passenger tax
801 Land fill tax
714 Climate charge "levy" Tax
323 Aggregates Tax
200 Cider & Perry Duty

Figures from HMRC = excludes LOCAL Taxes that are not collected by Central Government - such as Council Tax, Business rates, parking charges etc. etc. etc.

2007-06-28 19:36:54 · answer #1 · answered by Steve B 7 · 0 0

sorry mate , theirs so damn many its hard to keep track of, income tax , road tax , value added tax , import tax , tax on fuel , ciggarettes and alchohol , council tax , inheritance tax , next the'll be a "taking a dump" tax grrrrrrrrrr

2007-06-28 10:16:06 · answer #2 · answered by Simon t 4 · 3 1

stealth taxes.

2007-06-28 10:11:22 · answer #3 · answered by theunknownstuntman 4 · 0 1

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