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FRONT COVER - “Last year the government took £24,781 in tax for every household in the UK”
Methodology: total projected tax take for 2016/2017 DIVIDED BY total number of households in the UK for 2016: 671.3 billion ÷ 27.1 million = 24,781 (inconsistencies due to rounding)
Sources: OBR, Public Finances Databank, ‘Receipts (£bn)”
http://budgetresponsibility.org.uk/data/
ONS, Families and households in the UK: 2016, Table 2
PAGE 1 - Foreword.
PAGE 2 - Tax take under different chancellors
Methodology: Total National Accounts Taxes by tax year assigned to the Chancellor in power, then adjusted for the actual number of days they governed by working out a “per day” amount and multiplying it by the exact number of days they were in power.
Sources: OBR, Public Finances Databank
http://budgetresponsibility.org.uk/data/
PAGE 3 - How much tax revenue is raised centrally?
Methodology: Figures for 2015 expressed as a stacked bar chart for selected countries
Sources: OECD, Fiscal Decentralisation Database, Tax revenue, Table 9
http://www.oecd.org/ctp/federalism/fiscal-decentralisation-database.htm#C_5
PAGE 4 – Income tax burden
Methodology: Net change in each income percentile since 1999-2000 expressed in a bar chart
Sources: HMRC, Income tax liabilities statistics: tax year 2014 to 2015 to tax year 2017 to 2018, Table 2.4
PAGE 5 – Income vs. income tax burden
Methodology: Share of pre-tax income for 2015-2016 set against share of total income tax for 2015-2016 and expressed as a bar chart
Sources: HMRC, Income tax liabilities statistics: tax year 2014 to 2015 to tax year 2017 to 2018, Table 2.4
PAGE 6 – Regional revenue
Methodology: Data from the column specified below transposed onto a map
Sources: ONS, Country and regional public sector finances: Financial year ending March 2016, Table 3, 2015/2016 geographic share
PAGE 7 – Regional stamp duty receipts
Methodology: Data in sources below transposed onto a map
Sources: HMRC, Annual Stamp Tax Statistics 2015-16, Table 3.2, 2015-2016
https://www.gov.uk/government/statistics/uk-stamp-tax-statistics
Revenue Scotland, LBTT Statistics 01-04-16
https://www.revenue.scot/about-us/publications/statistics
PAGE 8 – Net cost of tax policies
Methodology: Net cumulative fiscal impact of all tax policy measures divided by the party in power, estimated for 2016-2017
Sources: OBR, Policy measures database
http://budgetresponsibility.org.uk/data/
PAGE 9 – Real rates of income tax
Methodology:
Employer's National Insurance is added at the rate of 13.8% on top of gross salary. So if you're paid another £87.87 of gross salary, the employer has to pay an additional 13.8%, which would be £12.13. That adds up to £100.
Basic: Employer's NI 13.8 % + Income Tax 20 % + Employee's NI 12% = 40.2%
Higher: Employer's NI 13.8 % + Income Tax 40 % + Employee's NI 2% = 49%
Additional: Employer's NI 13.8 % + Income Tax 45 % + Employee's NI 12% = 53.4 %
Sources: TaxPayers’ Alliance own calculations
https://www.youtube.com/watch?v=C9ZMgG9NiUs
PAGE 10 – Government receipts
Methodology: Data specified below expressed as a pie chart
Sources: OBR, Public Finances Databank, Receipts (£bn), 2016-2017
http://budgetresponsibility.org.uk/data/
PAGE 11 – Most unfair taxes
Methodology: Data in the poll expressed as a stacked bar chart
Sources: YouGov, reported in City AM
http://www.cityam.com/212005/inheritance-tax-seen-most-unfair-voters-all-parties
PAGE 12 – Tax take 1999-2017
Methodology: Data specified below expressed as a bar chart
Sources: OBR, Public Finances Databank, Receipts (£bn), National Accounts Taxes
http://budgetresponsibility.org.uk/data/
PAGE 13 – Tax as a percentage of gross income
Methodology: Total direct and total indirect tax expressed a percentage of gross income by income decile
Sources: ONS, The effects of taxes and benefits on household income 2015/2016
PAGE 14 – Total lifetime tax (average)
Methodology: Total lifetime tax is calculated as a non-retired (working) household’s total direct and indirect taxes for 2015-16 multiplied by 44 years plus a retired household’s total direct and indirect taxes for 2015-16 multiplied by 15 years
Sources: ONS, The effects of taxes and benefits on household income, financial year ending 2016
PAGE 15 – Tax per household
Methodology: Data specified below expressed as a bar chart
Sources: The effects of taxes and benefits on household income, historical datasets – income, tax and benefit data by income decile for all households
PAGE 16 – Beer and wine duty
Methodology:
BEER
Beer Duty – assume 4.5% alcohol, so in every pint (0.568 litres) there is 19.08 pence TIMES 4.5 EQUALS 85.86, so 85.86 per litre. There are 0.568 litres in a pint so 85.86 TIMES 0.568 EQUALS 48.77 so about 49 pence
VAT – 20% standard rate, assume 3.50 pounds for a pint, so 3.50 ÷ 1.2 = 2.92 which is the price excluding VAT, so 3.50 – 2.92 = 0.58, which is the VAT amount.
WINE
Wine Duty – assume 14% alcohol, so in every bottle (0.75 litres) there is 288.65 pence TIMES 0.75 EQUALS 216.49, so about 217 pence, or 2.17 pounds
VAT – 20% standard rate, assume 5.56 pounds for a bottle of wine, so 5.56 ÷ 1.2 4.63 which is the price excluding VAT, so 5.56 – 4.63 = 0.93, which is the VAT amount
Sources: TPA own calculations from rates
https://www.gov.uk/tax-on-shopping/alcohol-tobacco
Average price of beer from The Good Pub Guide 2016 reported in Business Insider
http://uk.businessinsider.com/where-to-get-the-cheapest-beer-in-the-uk-2016-9?r=UK&IR=T
Average price of a bottle of wine from the Wine and Spirit Trade Association quoted in the Guardian
PAGE 17 - Rising cost of insurance premium tax
Methodology: comparethemarket.com own calculations
Sources: Simon McCulloch, comparethemarket.com, quote in the Sun
PAGE 18 – Quotes on tax
Methodology: N/A
Sources: N/A
PAGE 19 – UK vs Hong Kong tax code
Methodology: N/A
Sources: N/A
PAGE 20 – CIOT Members
Methodology: Figures extracted from CIOT annual reports except for 2010, where it was calculated on the basis of a given percentage increase
Sources: CIOT Annual Reports
https://www.tax.org.uk/about-us/annual-report