News2 mins ago
taxes
3 Answers
hi everyone my Question is, how many types of tax are there Apart from the obvious Council, Vat Petrol ,Cigs. and how are they used .to benefit the general public. Honest answers only no politicians.?
Answers
Best Answer
No best answer has yet been selected by berol. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.CGT or capital gains tax - on investment gains. Your pension fund is now taxed on income generated by the investments within it, IHT or inheritance tax - when you die and your estate is worth over �270k or so. Road tax on your car, import duty tax if you buy goods from abroad (eg you buy a digital camera from Hong Kong on ebay and customs notice it), income tax on your bank savings, fuel tax, heating tax, . By the way did you know why many digital camcorders only have DV out? It is a simple thing to include DV in but the manufacturers get taxed more on the goods. Beer, wine, spirits, cigarettes -
plus landfill tax, stamp duty, withholding tax, excise tax (alcohol, tobacco, fuel etc), other import taxes (anti-dumping duties, countervailing duties, CAP levies, Minimum Import Prices, all on specific imported goods), road fund licence, Corporate Income Tax, (betting tax on wagers has been abolished because of the internet but is there still duty on fruit machines??), National Insurance,