Average UK family hit with £25k tax bill

A study by the TaxPayers’ Alliance has found that the average household is being taxed £24,781 in the financial year 2016/17, a rise of £1,500 on the year before, and almost much as the average salary of £27,000.

As well income tax and national insurance, taxpayers are also hit hard by council tax, inheritance tax, stamp duty, fuel duty, VAT, air passenger duty and levies on alcohol and tobacco products.

John O’Connell of the TaxPayers’ Alliance, said: “Continuous tinkering around the edges means that many people are paying more tax but are unaware they are doing so.

“We know there is a squeeze on living costs, but one of the biggest bills families face is the one from the taxman, yet we seldom hear politicians arguing that taxes should be cut.

“With the tax system more complicated and opaque than ever, it’s time for fundamental reform to make it simpler, more honest, and less of a burden on families and businesses.”

Worried you might be paying too much tax?

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