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Learn about the history and current system of taxation in the UK, including income tax, National Insurance contributions, VAT and other taxes. Find out how contributions are deductible if they meet the general test of being made wholly and exclusively for the purposes of the contributor.
Learn about the VAT system in the UK, which replaced Purchase Tax in 1973 and is the third-largest source of government revenue. Find out the current VAT rates, how they have changed over time, and how they are collected by HM Revenue and Customs.
The calculator will be placed in social media adverts and be targeted at people searching about their taxes, party officials said. The tax burden is at its highest level on record.
Learn about the history, exemptions, rates and reporting requirements of capital gains tax in the UK, a tax levied on the profit realised on the sale of non-inventory assets. Find out how the system has changed over time and how it affects different types of assets and taxpayers.
A list of the maximum potential tax rates for corporate, individual, and VAT taxes in European countries. Compare the tax burdens across different income brackets and regions, and see the graphs and tables of the data.
Pay-as-you-earn tax (PAYE) is a withholding of taxes on income payments to employees in many countries. Learn about the origins, nature, reporting and forms of PAYE in different countries, such as the UK, Ireland, New Zealand and Australia.
Learn about the origin and evolution of income tax, a tax imposed on individuals or entities in respect of their income or profits. Compare different types of income tax, such as progressive, flat, and withholding, and their rates and deductions.
Learn about the history, framework and rates of inheritance tax in the UK, a transfer tax that applies to certain transfers of property on death or within seven years before death. Find out how to calculate the tax, what property is included or excluded, and what reliefs are available.
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