TaxAdministrationTaxes steadily rise under chancellor

Taxes steadily rise under chancellor

Gordon Brown continues to raise UK taxes, but we're still below the EU average

Taxation in Britain under Gordon Brown’s economic stewardship has continued
to rise, say the latest figures from European Union (EU) statistical agency
Eurostat.

Research by the agency found that the UK total has reached 36% of GDP in
2004.

This is up from 35.5% in 2003, itself a small rise from 35.4% in 1995.
British taxation is still below the average for the entire EU, however, which is
39.3%, (the old 15 member EU is 39.3%).

Britain’s toughest taxes are on capital, with an average rate of 34.9%, said
Eurostat, one of the highest it has recorded in Europe, only below Denmark and
France, although the agency has only partial figures for this particular data.

Related Articles

LITRG urges government to consider tax changes in disability work plan

Administration LITRG urges government to consider tax changes in disability work plan

3d Lucy Skoulding, Reporter
HMRC appeal rejected in Tottenham Hotspur case

Administration HMRC appeal rejected in Tottenham Hotspur case

2w Emma Smith, Managing Editor
HMRC issues updated Trusts Registration Service guidance

Administration HMRC issues updated Trusts Registration Service guidance

3w Emma Smith, Managing Editor
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

2m Emma Rawson, ATT Technical Officer
‘Improve rather than lose’ disincorporation relief, tax body urges

Administration ‘Improve rather than lose’ disincorporation relief, tax body urges

3m Austin Clark, Reporter
Are you ready for the Trusts Registration Service?

Administration Are you ready for the Trusts Registration Service?

3m Helen Thornley, ATT Technical Officer
Advisers bullish despite Brexit concerns

Accounting Standards Advisers bullish despite Brexit concerns

1y Fraser Simpson, Reporter
Brexit: Five questions accountants should be asking

Accounting Firms Brexit: Five questions accountants should be asking

1y Fraser Simpson, Reporter