50 Per Cent of UK Contribute Nothing to Tax Burden

50 Per Cent of UK Contribute Nothing to Tax Burden.

The UK population for 2012 stands at just over 69m.

Figures released by Grant Thornton, a national accountancy practice, suggest that with the gradual reduction in the higher rate tax threshold (40%) there are now 4.13m people that actually pay 60% of the UK’s total tax burden.

We decided to take a look at population figures in the UK from the Office for National Statistics.

What these figures tell us is that:

• There are 64m adults in the UK and around 29m workers in the UK.
• 14% of tax payers in the UK pay 60% of the tax
• 6% of the population pays 60% of the tax burden
• 25m adults pay 40% of the tax burden, 4m adults pay 60% of the tax.
• 35m adults contribute nothing to the UK tax burden. That is over half the population.