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This figure, along with your annual salary figure, can calculate the Tax freedom day. The day after Jan 1st that you stop earning money to pay taxes and start earning for yourself.
This year, the Tax Freedom day was 12th June. Predicted at the 7th at the start of the year, through changes by Brown the figure has rose.
This means that the first 164 days of this year you earned nothing, and instead gave all your money to the government.
Great huh?
(www.taxfreedomday.co.uk - a website I maintain).
This figure, along with your annual salary figure, can calculate the Tax freedom day. The day after Jan 1st that you stop earning money to pay taxes and start earning for yourself.
This year, the Tax Freedom day was 12th June. Predicted at the 7th at the start of the year, through changes by Brown the figure has rose.
This means that the first 164 days of this year you earned nothing, and instead gave all your money to the government.
Great huh?
(www.taxfreedomday.co.uk - a website I maintain).