Tax Freedom Day Coming Later Under Osborne

osborne tax freedom day

The ASI’s Tax Freedom Day – the first day of the year when you stop working for the state and start working for yourself – is arriving later and later under George Osborne. A few years ago you stopped paying tax and started putting income in your own pocket on around May 28 to May 30. This year’s Tax Freedom Day comes four days later than last year – in June for the first time – meaning taxpayers have worked 154 days just to pay their taxes. That’s a 42% effective tax rate. We are almost half way through the year, and everything you earned before today went to the taxman…




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Jo Swinson on Chris Rennard…

“Vince — and Tim before him — have repeatedly, publicly said Rennard is not welcome anywhere near their frontbench team, even as an adviser. I remain deeply frustrated that he was not expelled from the party through its disciplinary process. It just feels wrong, and I do not want Lord Rennard to continue as a member of the party. As far as I am concerned, he is not welcome.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Majority Think Work Porn “Career Ending” Majority Think Work Porn “Career Ending”
Paperchase Faces Backlash After Bowing to Anti-Press Freedom Cranks Paperchase Faces Backlash After Bowing to Anti-Press Freedom Cranks
WATCH: Moment Stephen Kinnock Realises Corbyn Is Staying WATCH: Moment Stephen Kinnock Realises Corbyn Is Staying
New Scottish Labour Leader’s Old Boys’ Black Tie Dinner New Scottish Labour Leader’s Old Boys’ Black Tie Dinner
Labour Outsources Flashy New Website to Bernie’s US Consultants Labour Outsources Flashy New Website to Bernie’s US Consultants
Unilever’s Remain Ultra CEO Threatens to Drop London Listing Unilever’s Remain Ultra CEO Threatens to Drop London Listing
Hammond Re-Announces Existing Tory Housing Policy Hammond Re-Announces Existing Tory Housing Policy
Stanley Early Favourite to Win I’m A Celeb Stanley Early Favourite to Win I’m A Celeb
Sunday Show Highlights Sunday Show Highlights
Royal Mail’s Tweets Deliver Truth About Nationalisation Royal Mail’s Tweets Deliver Truth About Nationalisation
Jez “Doesn’t Do Dinners” Jez “Doesn’t Do Dinners”
New Tory Slogan: Building a Britain Fit for The Future New Tory Slogan: Building a Britain Fit for The Future
Unilad Deleted From Facebook Unilad Deleted From Facebook
Disgraced Gay Times Editor Is Labour Member Disgraced Gay Times Editor Is Labour Member
Yasmin Alibhai-Brown: “I’d Rather Be Mugabe Than May” Yasmin Alibhai-Brown: “I’d Rather Be Mugabe Than May”
Corbynista Rulebook Saves Lansman’s NEC Dream Corbynista Rulebook Saves Lansman’s NEC Dream
70 Million Reasons BuzzFeed Won’t Go Public 70 Million Reasons BuzzFeed Won’t Go Public
Sun Coffee Run to Broadcasting House Sun Coffee Run to Broadcasting House
Teething Problems for Salmond’s RT Show Teething Problems for Salmond’s RT Show
Hammond to Deliver “Real Action” on Housing in Budget Hammond to Deliver “Real Action” on Housing in Budget