Britons are working 19 days more than before the pandemic just to pay taxes… as new research finds UK taxes are at their highest in 70 years
Research shows that Britons have to work an extra 19 days a year to pay tax than before the pandemic.
Today is the date when the average taxpayer stops earning to pay taxes and starts pocketing money.
‘Tax Freedom Day’ – which falls four days later than last year – is calculated based on direct taxes, such as income tax, and indirect taxes, such as VAT.
Britons now work 161 days just to pay them – 19 more than in 2019, before the pandemic (stock photo)
Based on current government plans on taxes and spending, the think tank predicts that Tax Free Day in 2028 will fall on June 22 (stock photo)
Taxes in Britain are at their highest level in seventy years.
And the Adam Smith Institute (ASI) found that Britons now work 161 days just to pay them – 19 more than in 2019, before the pandemic, and almost a whole month longer than in 2009.
Based on current government plans on taxes and spending, the think tank predicts that tax freedom day in 2028 will fall on June 22.
ASI chairman James Lawson warned: “Politicians must be honest with voters about the size and nature of the tax burden.
“Whoever wins on the Fourth of July, he or she will have to grapple with the fact that Tax Free Day is getting later.”
