Taxpayer Statement

A group of Conservative MP’s, backed by the Daily Express, have come up with a brilliant idea. They suggest that every year the Government should send us a Taxpayer Statement, showing how much tax they’ve taken off us and what they’ve done with it.

A sample 2010/11 tax statement would look like this:

Your salary
£15000
£26000
£50000

£
£
£
Benefits and pensions
948
2135
5130
NHS
493
1109
2666
Education
371
835
2006
Public protection
287
646
1551
Government
100
226
543
Transport
94
211
507
Industry and economy
64
145
348
Housing
56
126
303
Recreation sport and culture
57
127
306
Waste and environment
47
107
256
Overseas aid
27
60
144
Debt interest
181
407
978




Total
2724
6134
14739




Your share of Government borrowing this year
2221
2221
2221


The above table only includes direct taxes on your salary. It does not include National Insurance Contributions by your employer.

The above table only includes direct taxes on your salary. It does not include indirect taxes. On average every person over the age of 18 paid £2737 in indirect taxes in 2009-10. The main indirect taxes are:

·        Air Passenger Duty
·        Beer and Cider duties
·        Betting gaming and lottery duties
·        Capital gains tax
·        Climate change levy
·        Council tax
·        Hydrocarbons oils duty
·        Insurance premium tax
·        Made wines duty
·        Spirits duty
·        Stamp duty
·        Tobacco duty
·        VAT
·        Vehicle excise duty
·        Wine of fresh grapes duty