I’ve read that Brits are subject to so-called “green” taxes, such as an airline tax, a tax to drive into London. Are these the types of taxes you’re are getting hit with?
For an average British fellow making 100,000 pounds annually, how much tax might he pay?
Generally, are Londoners happy that Red Ken is gone?
Yes, stealth taxes abound!
For an average British fellow making 100,000 pounds annually, how much tax might he pay?
He'll be in the 40% tax bracket so he'll see roughly £60,000 of that.
Generally, are Londoners happy that Red Ken is gone?
Yes, Ken was a big waster of public funds and channeled them into unelected non-accountable quangos that could have instead been used for better transport systems and public utilities. To his credit new mayor Boris Johnson has said he's going to have a bonfire of all this unwanted bureaucracy, but it's early days yet to know whether to believe him or not.
A married person earning 100,000 pounds would pay:
30,626 in tax
04,434 in National Insurance
01,300 average council tax (assuming you live in London to be makin 100k)
00,300 road tax, if they have a car, +8 pounds day congestion charge
01,700 if you ditch the car for London public transport
00,140 telly tax
Then there’s a 17.5% VAT on everything you buy (except food, kids clothes, and reading matter). According to wiki, fuel tax is an eyewatering combined tax rate of 117%. Want a trip to New York- 100 pound long-haul tax per ticket. Want to buy a house? You will owe 3% stamp duty on the purchase price.