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  1. #1
    Respected Member Frances's Avatar
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    Quote Originally Posted by IainBusby View Post
    Toooooooooooooooooooo Much!
    explain tooooooooooooo much.thank's.
    True love waits.


  2. #2
    Respected Member IainBusby's Avatar
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    Tax and National Insurance take about 40% of your salary before you even see it and that's just the start of it, after that just about everthing else has 17.5% VAT (Value Added Tax) added and the only things that are not taxed as far as I am aware are food and childrens clothing.

    As far as fuel duty is concerned that is currently taxed at about £0.5035 + VAT of 17.5% on the full retail price, which currently totals up to about £1.20 per litre.
    Iain


  3. #3
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    Quote Originally Posted by IainBusby View Post
    Tax and National Insurance take about 40% of your salary before you even see it and that's just the start of it, after that just about everthing else has 17.5% VAT (Value Added Tax) added and the only things that are not taxed as far as I am aware are food and childrens clothing.

    As far as fuel duty is concerned that is currently taxed at about £0.5035 + VAT of 17.5% on the full retail price, which currently totals up to about £1.20 per litre.
    Iain
    You're obviously on loads of money and taxed at a higher rate


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