News for July
Tax Freedom Day
This year ‘Tax Freedom Day’ fell on June 2. The statistics make interesting reading in that the average UK taxpayer spends more than five months of the year working for the government as opposed to working for themselves.
According to the Adam Smith Institute, which pulls together the statistics, government spending is set to reach £600 billion, being £10,000 per person in the UK, twice as much as in 1997. To read more on the statistics please use the link below.
Please get in touch if you would like to ensure you are not paying more tax than is necessary.
Internet Link: Adam Smith article
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