In my quest to extol the benefits of Europe - and the fact that the UK doesn't have it all bad - have a look at the top rates of tax and the levels of income at which they apply. It comes from a Parliamentary Answer in the Lords yesterday. I've rejigged it to show how many countries besides Britain have higher top tax rates - we're about in the middle, although undoubtedly, fewer Greeks and Portuguese are likely to pay 40%.
But at least Britain's isn't like Denmark or Belgium - where we would be paying higher tax rates at lower levels of income. Perhaps instead of grumbling UKIP activists could emigrate to other parts of the EU and see how good we've got it (in terms of tax, if not in public services).
Rank | Country | Top rate of national income tax (%) | Level of taxable income above which top rates apply (£) | 1 | Denmark | 59 | £27,597 | 2 | Sweden | 57 | £32,453 | 3 | Belgium | 53.63 | £20,352 | 4= | Finland | 52 | £37,591 | 4= | Netherlands | 52 | £34,123 | 6= | Austria | 50 | £34,270 | 6= | Slovenia | 50 | £23,756 | 8 | France | 48.09 | £32,390 | 9 | Germany | 47.48 | £35,133 | 10 | Italy | 45.63 | £47,157 | 11 | Spain | 45 | £30,315 | 12 | Ireland | 42 | £18,863 | 13= | UK | 40 | £31,400 | 13= | Greece | 40 | £15,764 | 13= | Portugal | 40 | £35,922 | 13= | Poland | 40 | £10,480 | 17 | Luxembourg | 38.95 | £23,242 | 18 | Hungary | 38 | £3,942 | 19 | Malta | 35 | £10,399 | 20 | Lithuania | 33 | £0 | 21 | Czech Republic | 32 | £6,985 | 22 | Cyprus | 30 | £22,999 | 23 | Estonia | 26 | £0 | 24 | Latvia | 25 | £0 | 25 | Slovakia | 19 | £0 |
Source: Hansard, 25 May 2004 : Column WA126
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