To not be happy about paying this much tax

[Lovingthehamsterwheel]

Name changed to enable objectivity.
I just saw this new tax calculator that shows you how much tax you are paying in total, including all hidden taxes, council tax etc

For a Person on 75k a year, 44 percent of earnings go on tax.

10k of that is spent on welfare.

Am i being unreasonable to think this is absolutely a terrible time to be alive in terms of taxes in the UK. And it is no wonder higher earners are leaving the country.

tax.corgi.global/

I ran my salary through that calculator. A lot of the”hidden” taxes don’t apply as I don’t gamble, drink,smoke, fly or pay onshore corporation tax. Not really sure that employers NI contributions are a tax on me either. I suspect my VAT is lower too.

You've given some sensationalist figures there.

If you're that concerned about 44% then you could easily cut it by reducing the optional taxes that you choose to pay for certain products/services

It includes employers ni contribution as a part of the cost of employment, so you cost your employer more than just your salary. It’s a tax on your emolument. Yeah it’s a bit much to include it but I can see why

Many of those things are optional costs. Once your post-tax money is spent, it makes sense that a lot of that will accrue additional taxes.

Which ones do you object to?

As I have said, this is not an income tax calculator. Its a hidden tax calculator.

The calculator includes a lot of tax most people don’t pay eg stamp duty and corporation tax.
it also includes the NI your employer pays on your behalf, which isn’t included in your income as you aren’t paying it.

So if you get seriously ill and can't work, have an accident, or just lose your job and struggle to get another one... you won't be claiming any benefits?

Well since you are using a website created by this lot I expect that it's all completely true.
NOTE - SARCASM.

CORGI - We are the unofficial, underground cousin of America's Department Of Government Efficiency.

Yes. Not going to hospital, driving on roads, putting children into state school, etc etc?

I love it when a thread doesn’t go the way OP wants.

The Corp tax is interesting. It’s a calculation of when you buy things the company you buy them from makes a profit and some of that profit is paid in tax. It’s very indirect but you are paying that profit and that tax

the whole calc includes some extreme indirect links like that but overall it’s not wrong as a guide to how much of the cost of employment eventually finds it’s way to the government

@Lovingthehamsterwheel Completely agree with you. Whilst I agree with tax in principle to raise money and your contribution- it has really gotten out of hand in my opinion. It’s a punitive system.

Employer's NI is in addition to your salary so would have just increased your salary by 10500.

Yes it is a cost of employment for a company, but it isn't a hidden tax on an individual. Neither is corporation tax and it is ridiculous to claim that it is.

I tried that and I couldn’t as I was expected to (quite rightly) use my savings. People always talk about benefits being a safety net, but the financially responsible have their own safety net and rarely actually benefit.

All of them, being too high and not optional.
Like if I have private medical insurance I should be allowed to reduce my tax accordingly.
I should also be able to offset my mortgage against tax going to welfare state to house others.
I should be able to offset my childcare bills as I am providing the next generation of tax payer
Gambling and alcohol, you can choose yourself if you want to partake, so theyre fine.

Your choice to drink alcohol and have a car that has a high road tax.

Hopefully anyone with a mortgage will have insurance for those circumstances because the welfare state won't pay a mortgage, it will only pay for those who rent.

Don’t be silly.

😂it was a question.. an open debate. I was interested in opinions. I don't have a problem with differring opinions and I am not going to start a revolution.

That's more because numerous posters have failed to either read or understand the OPs posts. She is quite obviously talking about all the indirect or adhoc taxes we pay, yet people keep on insisting she is wrong because they are only calculating income tax and NI.

The calculator is nonsense as there are too many variables. Are you trying to push the calculator for some reason?

"I should be able to offset my childcare bills as I am providing the next generation of tax payer."

You don't know that.

Gambling and alcohol, you can choose yourself if you want to partake, so theyre fine
So they are examples of taxes that you'd agree ARE optional?
And how about stamp duty, unless you're moving house?
And smoking?
And the TV licence?

How are VAT and council tax “hidden” taxes? Most people are perfectly aware of them.

Hmm, a second thread about the unfairness of tax highlighting the spend on "welfare" - benefits bashing is getting more sophisticated. Also heartened to see the flaws in the argument being pointed out.