Re:Because of asset seizures, I am starting my new company o...
by vidarh on Monday March 25, 2013 @07:01PM
(#5440289)
The NHS is funded over the National Insurance, which you're not including. You also need to account for local taxes (e.g. council tax in the UK).
But the total tax bills are still not that different, as they are marginal rates for the most part and the threshold where they start are different.
The effective rate paid in the UK is still somewhat higher for most earners, but for most people it's not as much as you might think from just looking at the headline rates.
But the total tax bills are still not that different, as they are marginal rates for the most part and the threshold where they start are different.
The effective rate paid in the UK is still somewhat higher for most earners, but for most people it's not as much as you might think from just looking at the headline rates.