Who pays all the taxes? - Interesting tax facts
Published 2024-07-17
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All Comments (4)
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If you have questions about this or other Tax and Accounting issues then please drop a line on our web page contact section wilkinssouthworth.co.uk/contact-us as this is the quickest way to receive a response. wilkinssouthworth.co.uk/contact-us
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What about all the taxable income that is washed free of via offshore banks. Furthermore, there's Amazon who last year's earned of €42 profit in Europe and did pay a cent in tax. I heard once that approximately £120 billion pass through the City of London laudromat annually with no tax deduction.
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I know that top earners pay a lot of tax, but there seems to be very little here in the way of how much people pay who gain their income as a product of asset ownership such as collection of rent, debt repayment, or dividends
