Sunday, June 5, 2016

Eu gets the UK taxes

For years I have been saying that the EU was after the UK taxes.
I read this morning that the EU has already drawn up to take our taxes via a single tax system.
This means a tax rise in the UK.
Maximum tax rates in EU:
Netherlands 52%
Germany 45% but lower level of tax entry
France 49%
Italy 45%
Luxembourg 40%
Portugal 46.5%
Sweden 56.6%
UK 47% but we have different bands and income levels

The chances are that we will pay more tax. In the EU they do have allowances, to bring the income levels down.