Thursday 31 May 2012

HMRC Tax Calculator Now Works



I see that HMRC's tax calculator is now up and running, after it's first day's embarrassing crash.

Sadly though the simple one cannot be used if eg:

1 You have income from savings, or

2 You have an occupational pension, or

3 You earn more than £100K per annum.

As HMT says:
"over half of taxpayers (57%) do not know how much income tax and National Insurance they pay in a year, suggesting that many people find the personal tax system remote and confusing."
Quite!

Take it for test drive via this link HMRC Tax Calculator.

Tax does have to be taxing.

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1 comment:

  1. wow. I am paying for an entire house for a couple of lazy layabouts. That really disgusts me.

    ReplyDelete