English district councils spend £1 in every £3 of council tax revenue on gathering and disposing of household rubbish, figures obtained by the Guardian show. So, first be deliberately obtuse about the money. Council tax revenue is about 25% of total council revenue. So we’re really saying that about 8% of council revenue is spent on

From Hansard: "Mr. Hunt: To ask the Chancellor of the Exchequer (1) how much the Exchequer received in alcohol duties in each year since 1997, expressed in (a) cash terms and (b) 2008-09 prices; [240647] (2) what percentage of total tax revenue was made up by alcohol taxes in each of the last five years; [240648] (3) what percentage of total tax revenue he expects to be made up by alcohol taxes in...

Financial details of up to 50,000 people who claim tax credit are mistakenly sent out in the post by HM Revenue & Customs.

The front page of FT Deutschland reports that EU Budget Commissioner Janusz Lewandowski has said he will propose different options for a tax to directly fund the EU budget in September. Possible sources of revenue include a financial transaction tax and a levy on air travel.

and property is greatly undertaxed compared with other countries. This simply is not true. Property tax as a percentage of total tax collected by the country. The UK collects 11.9% of total tax revenue from taxes on property. This is the highest in the OECD and some twice the OECD average of 5.8%. It might

Financial markets rebounded this morning on the continuing rumours that eurozone leaders are working on a grand plan to save the eurozone. Most reports suggest the plan will involve an increase in the lending capacity of the EFSF, the eurozone’s bailout fund, although there are numerous options for how this could be done, including: a straight increase in guarantees, leveraging the fund thro...

The worst-received Budget in memory just keeps on getting worse. Treasury officials revealed yesterday   that the 50p tax band for high earners is set to become just about the most inefficient revenue raiser ever. Mike Williams, the official in charge of personal taxation, said the Treasury expected to raise less than a third of the possible total revenue from the new tax.  Con...

Rightie ho Richard: Assuming the UK pay is pro rata world pay total remuneration in the UK will be about £1.6 billion. But, as Robert Peston suggested yesterday, this is not split equally of course. It goes about 80 / 20 – i.e. 20% of staff get 80% of pay. So, that’s average pay for

HM Revenue and Customs - Table 1.3 - Monthly and quarterly receipts of former Inland Revenue taxes, table 1.3a - Monthly and quarterly payments by the former Inland Revenue into the Consolidated Fund Table and 1.3b - Monthly and quarterly Child and Working Tax Credits and Child Benefit net payments

On the subject of a Tobin Tax: It isn’t even true that the City pays its way in other taxes. Revenue from the financial sector in the last five years of the boom amounted to around £200bn. The cost of the bailout is currently estimated at £850bn. Bollocks. Tax revenue was as stated. The cost of the bailout