UK income based taxes are not as progressive as many think.

19 Sep 2012

The chart below is the marginal tax rates for Income Tax and Employers and Employees National Insurance combined. This gives the full cost of taxes on labour, including the often forgotten Employers National insurance. When you take into account the perfectly legal ways that income taxes can be avoided with various tax reliefs like pensions etc the income based taxes are possibly flat or even regressive, rather than progressive.

The UK's not so progressive income taxes

This website uses cookies

Please select the types of cookies you want to allow.

These are necessary for the website to function properly.
These help us to understand how our visitors use our website.
These allow us to display content from other websites that track you for advertising purposes.