So what's your opinion compared to the US? Jon Langeler Michwave Technologies, Inc.
> On Oct 11, 2016, at 6:57 PM, Chuck McCown <[email protected]> wrote: > > From my daughter: > > We pay an effective rate of 8.5% in direct tax on our combined household > income. > This is income tax (which pays for government services including the NHS) and > National Insurance which pays for pensions and benefits. > > The largest indirect tax is VAT (sales tax) which is 20%. This is less > noticeable than sales tax in the USA because prices in the shops include this > in the price rather than being added when checking out. > > Corporation tax (tax on business profits) is currently 20% (this is being > reduced to 19% in 2017 and is planned to go down to 17% in 2020). >
