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  2. Direct tax - Wikipedia

    en.wikipedia.org/wiki/Direct_tax

    Direct taxation can apply on income or on wealth (property tax; estate tax or wealth tax). Here below a few examples of direct taxes existing in the United States (though not all of these meet the US constitutional definition of a direct tax, as stated below): [9] Income tax: it is the most important direct tax in many developed countries. It ...

  3. List of taxes - Wikipedia

    en.wikipedia.org/wiki/List_of_taxes

    Direct tax is a tax paid by a person, as opposed to a tax levied on a business that the person indirectly pays. Double taxation is when a tax is paid twice on the same income or item. Indirect tax is a tax collected by an intermediary (such as a store) on behalf of the person who actually is required to pay (such as a customer)

  4. Fact check: Direct tax rates have fallen for working households

    www.aol.com/fact-check-direct-tax-rates...

    The tax-free threshold (the amount of money a worker can earn before paying tax) has been frozen at the 2021/22 tax year level of £12,570. Workers then pay 20% income tax on all their earnings ...

  5. Taxation in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_United_Kingdom

    A non-domiciled UK resident earning less than £2,000 in a year outside the UK does not pay tax on this unless it is transferred to the UK. This would apply to the typical person taking up a temporary job in the UK, being paid, and paying tax on it, in the UK, with possible additional small earnings in the home country.

  6. Bank payroll tax - Wikipedia

    en.wikipedia.org/wiki/Bank_payroll_tax

    Unfortunately, HMRC’s press release on 21 December 2009 did not sufficiently clarified whether such bonuses may or may not give rise to a bank payroll tax liability, depending on whether, on the basis of their duties, the payee is a "relevant banking employee" as defined in the bank payroll tax Schedule. This was not the best clarification ...

  7. Financial services in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Financial_services_in_the...

    The industry employed around 1.2 million people in the third quarter of 2012 (around 4% of the British workforce). The estimated amount of total taxes paid by the Financial Services Sector in the year to 31 March 2012 is £63bn, 11.6% of the total UK government tax receipts. [4]

  8. Tax - Wikipedia

    en.wikipedia.org/wiki/Tax

    A poll tax, also called a per capita tax, or capitation tax, is a tax that levies a set amount per individual. It is an example of the concept of fixed tax. One of the earliest taxes mentioned in the Bible of a half-shekel per annum from each adult Jew (Ex. 30:11–16) was a form of the poll tax. Poll taxes are administratively cheap because ...

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