1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Gordon Browns stealth taxes

Discussion in 'CycleChat Cafe' started by Elmer Fudd, 9 Oct 2007.

  1. Elmer Fudd

    Elmer Fudd Miserable Old Bar Steward

    Saw on the BBC News this a.m. :-

    Yer average Joe managed to keep 64.1p in every £1 earned, after taxes, in the tax year 2005/2006.

    Yer average Joe managed to keep 62p in every £1 earned, after taxes, in the tax year 2006/2007.

    Predictions are that yer average Joe will keep even less of his / her hard earned dosh in the tax year 2007/2008.
     
  2. yorkshiregoth

    yorkshiregoth Master of all he surveys

    Location:
    Heathrow
    Does that include ALL taxes such as fuel, airline, beer, fag, vat, etc etc etc etc.
     
  3. Elmer Fudd

    Elmer Fudd Miserable Old Bar Steward

    It's based on (if I heard correctly) the amount of taxes from earnings i.e. income tax (don't know about N.I.C. as that's not a tax, Ho! Ho!) and anything that is used to work out the rate of inflation, so I wouldn't think airlines came into it, but then, what do I know. :biggrin:
     
  4. Leilei

    Leilei New Member

    If you take into account petrol, beer, cigs, VAT etc. the total will be closer to 50p in the pound.
     
  5. KitsuneAndy

    KitsuneAndy New Member

    Location:
    Norwich
    Only if you drink smoke and drive though :blush: