Archive for August, 2013

Your total tax bill for the year is…

by Admin

Although The Salary Calculator helps you to see how much of your salary gets eaten up by income tax, National Insurance and other deductions, there are other ways in which the government gets its hands on your money. There’s council tax, for example. VAT on goods and services. And fuel duty on petrol and diesel.

The guys and girls at Money Sense, run by paydayloan.co.uk, have created an interactive tool that lets you see how much more tax you pay during the year through other means. Try out their tax calculator and see what percentage of your income goes to the government in one form or another.

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