So the average mean salary in the UK is £29,000 So the mean contribution per tax paying person is £1235 There are 30m tax payers in the UK - these are all from online calculators/etc
so 30m people paying £1235 each = £37bn for the NHS
So the average mean salary in the UK is £29,000 So the mean contribution per tax paying person is £1235 There are 30m tax payers in the UK - these are all from online calculators/etc
so 30m people paying £1235 each = £37bn for the NHS
So where does the rest of the £109bn come from?
On £29,000 you pay £3,800 tax + ~£2,500 National Insurance, but that's just individual taxation The government also earns money from employers NI contributions, VAT, other indirect taxes, capital taxes, corporation taxes, oil taxes, bank levies and business rates. So there's a fair amount in the pot to play with.
On £29,000 you pay £3,800 tax + ~£2,500 National Insurance, but that's just individual taxation The government also earns money from employers NI contributions, VAT, other indirect taxes, capital taxes, corporation taxes, oil taxes, bank levies and business rates. So there's a fair amount in the pot to play with.
Ahh of course so its all one big pot - so does that mean we are actually paying for the other £70bn as well? So we're actually paying like £3700 a year?
Ahh of course so its all one big pot - so does that mean we are actually paying for the other £70bn as well? So we're actually paying like £3700 a year?
It's difficult to say, there are a large number of income streams for the country as a whole. If you are interested, check out this document which although is a couple of years old, is massively interesting about how our country makes its money: http://www.ifs.org.uk/bns/bn09.pdf
Ahh of course so its all one big pot - so does that mean we are actually paying for the other £70bn as well? So we're actually paying like £3700 a year?
Per taxpayer yes something like that (per capita is the more usual measure - see this recent article for some numbers on how it compares internationally).
With the big increase in the numbers of old people happening now and over the next few years, a big increase in funding will be needed to maintain current services.
Per taxpayer yes something like that (per capita is the more usual measure - see this recent article for some numbers on how it compares internationally).
With the big increase in the numbers of old people happening now and over the next few years, a big increase in funding will be needed to maintain current services.