Sources for 'How Long do you Work for the Tax Man?'

May 28, 2010 10:18 AM

All figures correct at 9th March 2010

1.    GDP at basic prices (GDP minus indirect taxes) http://www.statistics.gov.uk/pdfdir/oie1109.pdf

2.    Hours of work http://www.statistics.gov.uk/downloads/theme_social/Social-Trends40/ST40_Ch04.pdf
3.    Median earnings (for 2008-09, so they have been uprated by 2 percent) http://www.statistics.gov.uk/StatBase/Product.asp?vlnk=15313
4.    Tax status http://www.hmrc.gov.uk/rates/it.htm
5.    Employee national insurance rates http://www.hmrc.gov.uk/rates/nic.htm
6.    Spending on VAT http://www.statistics.gov.uk/downloads/theme_social/Taxes-Benefits-2007-2008/Taxes_benefits_0708.pdf
7.    Motoring taxes fuel duties of £28bn plus VED of £6.1bn equals a total of £34.1bn, equivalent to 2.6% of the working day = 13 mins
8.    Council tax rates http://www.upmystreet.com/local/council-tax-in-london.html
9.    Sin taxes duties on alcohol, tobacco, and betting total £19.4bn, equivalent to 1.5% of the working day = 7 mins
10.    Employers' NI is charged at 12.8% of our worker's pay above the NI threshold, so that's effectively another 10% of his working day going to pay tax, or 50 minutes. So he spends the next 50 minutes paying his employers’ NI
11.    Business taxes http://www.statistics.gov.uk/downloads/theme_social/Taxes-Benefits-2007-2008/Taxes_benefits_0708.pdf

All figures correct at 9th March 2010

1.    GDP at basic prices (GDP minus indirect taxes) http://www.statistics.gov.uk/pdfdir/oie1109.pdf

2.    Hours of work http://www.statistics.gov.uk/downloads/theme_social/Social-Trends40/ST40_Ch04.pdf
3.    Median earnings (for 2008-09, so they have been uprated by 2 percent) http://www.statistics.gov.uk/StatBase/Product.asp?vlnk=15313
4.    Tax status http://www.hmrc.gov.uk/rates/it.htm
5.    Employee national insurance rates http://www.hmrc.gov.uk/rates/nic.htm
6.    Spending on VAT http://www.statistics.gov.uk/downloads/theme_social/Taxes-Benefits-2007-2008/Taxes_benefits_0708.pdf
7.    Motoring taxes fuel duties of £28bn plus VED of £6.1bn equals a total of £34.1bn, equivalent to 2.6% of the working day = 13 mins
8.    Council tax rates http://www.upmystreet.com/local/council-tax-in-london.html
9.    Sin taxes duties on alcohol, tobacco, and betting total £19.4bn, equivalent to 1.5% of the working day = 7 mins
10.    Employers' NI is charged at 12.8% of our worker's pay above the NI threshold, so that's effectively another 10% of his working day going to pay tax, or 50 minutes. So he spends the next 50 minutes paying his employers’ NI
11.    Business taxes http://www.statistics.gov.uk/downloads/theme_social/Taxes-Benefits-2007-2008/Taxes_benefits_0708.pdf

Latest Blogs:

TaxPayers' Alliance Icon

Aid spending needs to be more transparent

4:55 PM 08, Dec 2016 Harry Fairhead

TaxPayers' Alliance Icon

The sugar tax and the public finances

6:00 AM 05, Dec 2016 Harry Fairhead

TaxPayers' Alliance Icon

Working for the taxman

6:00 AM 26, Nov 2016 Harry Fairhead

TaxPayers' Alliance Icon

Further thoughts on the Autumn Statement

4:56 PM 24, Nov 2016 James Price