Tax on taxation...why?

[johnfm]

So, we pay VAT on fuel duty and council tax is paid out of taxed income.

Yes, I am aware that 'Council Tax' is a 'community charge' - but it is a tax really.


Any other examples of governement double dipping?

[Puggit]

VAT is far more of a general double tax then the two examples given. We pay tax on earnings, and then VAT on anything we buy with the taxed income!

Inheritance tax is of course the big double tax.

[Asterix]

Everything is double taxed pretty much.

Savings
Inheritance
Insurance
Stuff replaced or fixed with insurance money
Anything you buy (VAT)
Everything else

[AndrewW-G]

Any form of payment with a tax element that is made with taxed income, VAT being the prime example, also IPT, Airport Tax, congestion charges etc etc etc

[Monki]

And they wonder why so many people work cash in hand

[tangent police]

Somewhere on here is an interesting thread about how much work a guy did to fill up his Audi.

The ultimate tax on taxation is the tax that public sector workers pay.

Out of the graft you do, a lot of it ends up back in the governments greedy paws. And then you wonder how they afford the EU!

[mattviatura]

Try counting how many times you pay when you fill up a company car.

[crofty1984]

OK, so say you're a good earner and you want to buy some petrol.
Start with £1000, after NI and PAYE say you have £700 left and £300 goes to Gordon
You go to the pump, having paid tax on the car and the insurance, and the insurers pay tax on their profit. Which we'll ignore for now.
£700 goes into your bizarrely sized tank.
Of that, the taxman gets about 75% directly plus VAT on that tax. So about £600 goes to HMRC and £100 to the owner of the petrol station and the refinery companies, transportation, etc. Who will all get taxed on their profits.

So for the £1000 you got paid, about £930 ges into the government coffers.

[Bing o]

crofty1984 said:

So for the £1000 you got paid, about £930 ges into the government coffers.

When put like that, I get very very sad - how on earth are we in so much debt????

(Rhetorical question)

[Jinx]

Bing o said:

When put like that, I get very very sad - how on earth are we in so much debt????

(Rhetorical question)

We use the same accountants as Portsmouth FC....

[Asterix]

Bing o said:

crofty1984 said:

So for the £1000 you got paid, about £930 ges into the government coffers.

When put like that, I get very very sad - how on earth are we in so much debt????

(Rhetorical question)

Can't find a link but I recently read that close to 85% of your income goes in tax once you add everything up, compound the double taxation and company profits for goods and services etc...

Stunning really - hence why I live in Dubai.

[Zod]

johnfm said:

So, we pay VAT on fuel duty and council tax is paid out of taxed income.

Yes, I am aware that 'Council Tax' is a 'community charge' - but it is a tax really.


Any other examples of governement double dipping?

tax for nannies and other staff - you pay their PAYE and NI out of your taxed income - from this April, in order to pay our nanny £1, I will have had to earn nearly £3 (50% tax on the £3, then 30-35% on the nanny's £1).

stamp duty

[johnfm]

Zod said:

johnfm said:

So, we pay VAT on fuel duty and council tax is paid out of taxed income.

Yes, I am aware that 'Council Tax' is a 'community charge' - but it is a tax really.


Any other examples of governement double dipping?

tax for nannies and other staff - you pay their PAYE and NI out of your taxed income - from this April, in order to pay our nanny £1, I will have had to earn nearly £3 (50% tax on the £3, then 30-35% on the nanny's £1).

stamp duty

It is ridiculous.

We used live in au pairs, as the prospect of paying employers NI at the time was just ridiculous. The inconvenience of the live in was minimal - and we had 'built in' babysitters for nights out. And at £60/week it was fairly good value too.

Win-win.

In fact, our au pairs were so 'pleasant' that a mate of mine asked his partner if they should get on too - and they don't have any kids!!

[rypt]

johnfm said:

In fact, our au pairs were so 'pleasant' that a mate of mine asked his partner if they should get on too - and they don't have any kids!!

I think he wanted one for a 'different' reason than kids clearly

Edited by rypt on Thursday 4th March 12:26

[johnfm]

rypt said:

johnfm said:

In fact, our au pairs were so 'pleasant' that a mate of mine asked his partner if they should get on too - and they don't have any kids!!

I think he wanted one for a 'different' reason that kids clearly

His missus was not happy!

[rypt]

johnfm said:

rypt said:

johnfm said:

In fact, our au pairs were so 'pleasant' that a mate of mine asked his partner if they should get on too - and they don't have any kids!!

I think he wanted one for a 'different' reason that kids clearly

His missus was not happy!

He clearly needs a more open minded missus

[youngsyr]

Stamp duty is possibly the biggest outrage. Next week I will pay the government £11,000 for them allowing me to buy a house.

How is that in any way justifiable?

[johnfm]

youngsyr said:

Stamp duty is possibly the biggest outrage. Next week I will pay the government £11,000 for them allowing me to buy a house.

How is that in any way justifiable?

It's just a(nother) consumption tax.


I would have no trouble with EITHER income tax OR consumption tax.

But consupmtion taxes on purchases made with taxed income is a disgrace.

[mybrainhurts]

johnfm said:

Tax on taxation...why?

Because they're bandits...

[Turbo cab]

Taxed on what you earn and taxed on what you spend.

And if they cant tax you on what you spend as you choose to invest the s will tax you on that too.

I think it works out you get taxed more like 3 - 4 times.