UK high earners stung for more tax than European counterparts
The UK has lost the top spot as one of Europe’s low-tax jurisdictions, with top earners now paying 3% more tax than the European average.
Individuals earning £200,750 a year in the UK pay on average nearly £3,000 more than Europeans earning the same salary, with UK taxpayers shelling out £83,300 in tax, compared with an average of £80,600 in tax and social security contributions across European countries, according to analysis by UHY International.
Read more at the Accountancy Daily.
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