Slave for 20 Years for Tax Man
New research from the TaxPayers’ Alliance (TPA) reveals that the total amount of tax paid by the average household increased by 2.7% last year. The study found that:
- Over a lifetime, an average household will pay £826,030 in direct and indirect taxes.
- In 2014-15, an average UK household had a gross income of £41,027.
- At this level of income it would take more than 20 years just to pay their lifetime tax bill.
Half your average working life will be spent slaving for the tax man. Is that the type of society we want?