Tuesday, 30 September 2008

£668,000 - Your lifetime tax bill



Published Date: 29 September 2008
THE average British household faces a lifetime tax bill of £668,000 at current rates of taxation. The TaxPayers' Alliance pressure group, which campaigns for lower taxes, said that the figure represented a 6 per cent increase on last year.


The amount is calculated on what an average household would pay over 40 years in work and 15 years in retirement.