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Thursday, October 04, 2007

Scottish Daily Record: £630k tax bill for life

THE average household pays £630,000 in taxes over a lifetime, research has found.

The most draining costs are £243,000 in income tax and £113,000 in VAT.

The figures include direct and indirect taxes and are based on a working life of 40 years with 15 years of retirement.

Campaigners the Taxpayers' Alliance, who carried out the study, called the figures "shocking".

A spokesman added: "The Government is taxing people until the pips squeak."

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