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How to calculate tax paid by an individual in the UK based on their income? |
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Use the OpenSpending Tax Calculator API (at the bottom of the page): Example output from http://openspending.org/api/mytax?income=20000: {
alcohol_tax: 217.26799007444168
explanation: [ "This household income falls between national average
income decile 3 (which has average gross household income of 17204.00,
and pays 1939.00 in direct tax, 1125.00 in VAT, 1295.00 in smoking
taxes, 317.00 in alcohol-related taxes, 182.00 in car-related taxes,
and 373.00 in other indirect taxes), and decile 4 (which has average
gross household income of 22040.00, and pays 3108.00 in direct tax,
1262.00 in VAT, 1562.00 in smoking taxes, 320.00 in alcohol-related
taxes, 243.00 in car-related taxes, and 505.00 in other indirect
taxes).",
"Therefore, a household with an income of 20000.00 pays
approximately 2614.87 in direct tax and 3638.90 in total indirect
tax."
]
tax: 6253.771712158808
tobacco_tax: 318.7344913151365
car_related_tax: 449.317617866005
total_direct_tax: 2614.8734491315136
vat: 1449.3697270471464
total_indirect_tax: 3638.898263027295
}
More details in their documentation: http://wiki.openspending.org/Tax_Calculator |
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