Stimpy wrote:
Nick Cooper wrote:

And if they're successful, whichever government it is will just tag
the lost revenue elsewhere. In a way, it might be better to
abolish all "hidden" taxes and just bung everything on income tax,
but they'll never do that, because it would make the overall burden
too apparent....

Coincidentally, for standard rate taxpayers, today is the day when
you stop earning money for the government and start earning it for
yourself.

In each year, almost 5 months worth of your salary goes in tax!

That can't be right; it would imply an average tax rate of 41%. I think
you'll find that such calculations start at the beginning of the UK tax
year, 6th April.

--
Richard J.
(to e-mail me, swap uk and yon in address)