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Reply #7: In Britain tax freedom takes 365 days. [View All]

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Bamboo Donating Member (258 posts) Send PM | Profile | Ignore Mon Aug-07-06 11:33 PM
Response to Reply #6
7. In Britain tax freedom takes 365 days.
Edited on Tue Aug-08-06 12:14 AM by Bamboo
The value added tax is added to items in stores unless exempt.I learned sunscreen is taxable which is odd since it prevents skin cancer which burdens the NHS.Other EU nations like Hungary pay a whopping 25% VAT.Technically the 11% NHS tax is paid by the employer which could be viewed as compensation.Then there is an income tax up to 40%,the Beatles wrote that song when it was much higher.It is difficult to determine if one is getting value for taxes but Britain has settled that question which is why they drink so much.
http://www.hmrc.gov.uk/rates/nic.htm
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