{"id":10018,"date":"2014-06-16T14:54:00","date_gmt":"2014-06-16T07:54:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/british-public-wrongly-believe-rich-pay-most-in-tax-new-research-shows\/"},"modified":"2016-04-06T00:08:03","modified_gmt":"2016-04-05T17:08:03","slug":"british-public-wrongly-believe-rich-pay-most-in-tax-new-research-shows","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/british-public-wrongly-believe-rich-pay-most-in-tax-new-research-shows\/","title":{"rendered":"British public wrongly believe rich pay most in tax, new research shows"},"content":{"rendered":"


\nStudy shows poorest 10% pay eight percentage points more income, prompting calls for more progressive systemDo you know more about tax than the average Briton? Take our quizThe British public dramatically underestimate what the poorest pay in tax and wrongly believe the richest face the biggest tax burden, according to new research that calls for a more progressive system.The poorest 10% of households pay eight percentage points more of their income in all taxes than the richest \u2013 43% compared to 35%, according to a report from the Equality Trust. Continue reading…
\n
\nSource : theguardian.com
\nRead more…British public wrongly believe rich pay most in tax, new research shows<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Study shows poorest 10% pay eight percentage points more income, prompting calls for more progressive...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-10018","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-2BA","jetpack-related-posts":[{"id":26007,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/reign-of-terror-tax-credit-company-loses-hmrc-contract\/","url_meta":{"origin":10018,"position":0},"title":"'Reign of terror' tax credit company loses HMRC contract","date":"September 14, 2016","format":false,"excerpt":"\r US firm Concentrix heavily criticised by Frank Field will not be given further work by tax collectorFrank Field, the chair of parliament\u2019s welfare committee, has said that a company\u2019s \u201creign of terror\u201d over British tax credit recipients will be drawing to a close after HMRC decided not to renew\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47643,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-not-true-that-the-top-1-pay-27-of-tax-letters\/","url_meta":{"origin":10018,"position":1},"title":"It\u2019s not true that the top 1% pay 27% of tax | Letters","date":"March 11, 2017","format":false,"excerpt":"\r In her column discussing the budget (9 March), Zoe Williams asserted that \u201cthe top 1% of British earners pay 27% of the United Kingdom\u2019s tax\u201d. No \u2013 this is wrong. The top 1% of earners pay 27% of income tax, but income tax raises just 27% of the UK\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22662,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wine-investors-may-face-inheritance-tax-timebomb\/","url_meta":{"origin":10018,"position":2},"title":"Wine investors may face inheritance tax timebomb","date":"October 5, 2010","format":false,"excerpt":"\r UHY Hacker Young says many investors have been wrongly advised about how wine is valued during IHT assessmentWine proved as resilient as gold during the recession \u2013 investors consider it inflation-resistant and there is pleasure in drinking it if all else fails \u2013 but many investors in wine could\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30851,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hmrcs-hermes-inquiry-shows-government-finally-got-the-message\/","url_meta":{"origin":10018,"position":3},"title":"HMRC's Hermes inquiry shows government finally got the message","date":"October 20, 2016","format":false,"excerpt":"\r After years of high-paid unionised jobs making way for low-paid insecure ones, UK tax authority belatedly springs into actionThe decision by Britain\u2019s top taxman to send his heavy mob in to investigate the courier company Hermes speaks volumes about working life in modern Britain.Make no mistake, the probe by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76804,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/quarter-of-uks-poorest-households-are-getting-deeper-in-debt-ifs-warns\/","url_meta":{"origin":10018,"position":4},"title":"Quarter of UK's poorest households are getting deeper in debt, IFS warns","date":"January 16, 2018","format":false,"excerpt":"\r Poorest households are spending 25% of monthly income servicing debts as UK borrowing rocketsOne in four of Britain\u2019s poorest households are falling behind with debt payments or spending more than a quarter of their monthly income on repayments, according to a study.The latest evidence of mounting debt problems for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87515,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/millennials-need-a-fairer-society-not-a-10k-handout-letters\/","url_meta":{"origin":10018,"position":5},"title":"Millennials need a fairer society, not a \u00a310k handout | Letters","date":"May 9, 2018","format":false,"excerpt":"\r Readers respond to the Resolution Foundation\u2019s proposal to give \u00a310,000 to 25-year-olds in a bid to reduce intergenerational inequalityThe Resolution Foundation\u2019s recommendation to give \u00a310,000 to all young people when they turn 25 (Report, 8 May), irrespective of income, may make a small contribution to reducing generational inequalities, but\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/10018"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=10018"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/10018\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=10018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=10018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=10018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}