Total taxes as a proportion of the economy will soon be at a 70 year high. The poorest households already lose over 50 per cent of their income to taxes and more tax rises are coming in April!
Your tax bill over the course of your life is astronomical. Use our calculator to see how much you'll pay*:
Annual salary before tax:
£14500
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*Calculation is based on data from the Office for National Statistics. The total lifetime tax is calculated as a non-retired (working) household’s total direct and indirect taxes for each year multiplied by 40 years plus a retired household’s total direct and indirect taxes for each year multiplied by 15 years. The lifetime tax is based on the current level of direct and indirect taxation applying throughout the lifetime and nominal prices throughout. Please read our research paper for more information.