8% payroll tax

[AtW]

It's happening...

https://www.accountingweb.co.uk/tax/...ontributions-0

So overall payroll tax in this country going to be 45+13+2+8=68%!!!

[TwoWolves]

It's happening...

https://www.accountingweb.co.uk/tax/...ontributions-0

So overall payroll tax in this country going to be 45+13+2+8=68%!!!

Compulsory pension contribution = bailout of insolvent banks.

[AtW]

Compulsory pension contribution = bailout of the stock market.

FTFY

[northernladyuk]

FTFY

The Brexit dividend will sort it all out.

[d000hg]

It's happening...

https://www.accountingweb.co.uk/tax/...ontributions-0

So overall payroll tax in this country going to be 45+13+2+8=68%!!!

What is each of those numbers? Address we all on flat rate tax now?

[AtW]

What is each of those numbers? Address we all on flat rate tax now?

In the UK the only flat rate tax is going to be at 100% rate

HTH

[d000hg]

In the UK the only flat rate tax is going to be at 100% rate

HTH

So you can't answer the question?

[AtW]

So you can't answer the question?

Income Tax + Employer NIC + Employee NIC + "Auto-enrollmént tax AKA NIC #2 and 3" = 68% at least, ignoring here capped but still 13% employee NIC

Add to this upcoming "ring fenced" NHS tax, fire department tax, police tax etc.

Scandinavian level taxes and US level public services.

[NigelJK]

You are a company director, you know the ropes.

[WTFH]

And remember, Labour are the party of higher taxes, the Tories are all about lowering them.
...or are the Tories not at all interested in lowering taxes unless it's an election year?