Question

Aug 22, 2006 4 Replies

I am an American researcher helping out on a film about finance and debt. I am wondering if anyone can help point me in the right direction of finding out how much a UK citizen who makes 26,474.41 GBP a year pays in taxes. I can be reached at snipped-for-privacy@gmail.com



Thanks!



Try here:

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You'll need a tax code which is 503L for the average joe.

Define taxes.

He will be liable to income tax, national insurance contributions if employed or self-employed, value added tax on many purchases, council tax on his property, TV licence tax, vehicle excise duty, fuel tax, excise duties on alcohol and tobacco, and Lord knows what besides.

You can find many of the current rates by going to the HMRC web site at

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and clicking on "Rates, Codes and Allowances" in the Quick Links box.

What a useful web site - wish I'd found it earlier.

Thanks

Mark BR

The Adam Smith Institutes Tax Freedom Day is the best comparison of total tax take, with international comparisons

USA 105 UK 147 OECD 151 EU 166 Euroland 188

Daytona

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