UK Income Tax and National Insurance
Friday, May 31, 2013 at 6:01AM
Randy in UK, explanation, taxes, video

Income Tax and National Insurance - What are you really paying? is a new infographic video explanation from the team at See What You Mean that helps unravel the complexity of the UK tax system.

The UK’s taxes on people’s wages are needlessly complex and obscure. Produced with the team from See what you mean, the video highlights how National Insurance is a second income tax in all but name.

Previous YouGov polling for the TPA has shown that many people are not aware of how much tax they actually pay. The video makes clear the real rates of tax people pay when Employee’s National Insurance and Employer’s National Insurance are factored in.

Thanks to Richard for sending in the link!

Article originally appeared on Cool Infographics (http://coolinfographics.squarespace.com/).
See website for complete article licensing information.