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 Tax burden on British businesses and families hits 50-year high at 34.6%

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PostSubject: Tax burden on British businesses and families hits 50-year high at 34.6%   Sun Dec 02, 2018 7:55 pm

Taxes on households and companies have hit their highest level in 50 years, figures reveal.



The tax burden has soared to 34.6 per cent of gross domestic product – surpassing the 34.4 per cent recorded in the early Sixties.

In its 2017 manifesto, the Government promised to keep taxes as low as possible for businesses and working families.

But MPs piled criticism on the figures, compiled by The Daily Telegraph and the TaxPayers’ Alliance.

https://www.dailymail.co.uk/news/article-6453067/Tax-burden-British-businesses-families-hits-50-year-high-34-6.html
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Tax burden on British businesses and families hits 50-year high at 34.6%

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