tax freedom day tagged posts

Tax Freedom Day Falls in Poland

June 7, 2018 Taxation in Poland

Tax Freedom day PolishWARSAW – Tax Freedom Day has come in Poland, and it has arrived three days earlier than last year.

June 6th was the date of Tax Freedom Day in Poland for the current year, according to the latest calculations completed by the think-tank the Adam Smith Centre.

Tax Freedom Day is a symbolic measure of the tax burden faced by taxpayers in any given country.

The date of the Tax Freedom Day is calculated by comparing the total tax burden in a country, and comparing that to the total tax take in the same area for the same timeframe.

Tax Freedom Day is intended to represent the point in time where taxpayers would have earned enough to pay off their tax obligation for the year.

In 2017 Tax Freedom Day in Poland was on June 9th, 3 days later than in 2018.

The movement in the Tax Freedom Day date...

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Tax Freedom Day Has Fallen in the UK

May 30, 2018 Taxation in UK

Tax Freedom Day UKLONDON – The time it takes the average taxpayer to cover their tax bill has shrunk since last year, however, the government is still outspending its own incomes.

Each year the UK think-tank, the Adam Smith Institute, calculates and publicizes the date of Tax Freedom Day, which will fall on May 29th in 2018.

Tax Freedom Day is a commonly used theoretical measure aimed at illustrating the extent of the tax burden in a country.

The date is calculated through examination of total tax receipts expected to be seen in a country and the total production in the same country, all over the course of the same year.

Tax Freedom Day is commonly described as the date at which taxpayers will have earned enough to pay their annual tax obligations, and will be able to start working for themselves.

In thi...

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Tax Freedom Day Arrives in New Zealand

May 7, 2018 Taxation in New Zealand

tax freedom dayWELLINGTON – New Zealanders now have 239 to earn all the tax-free money they can for the year.

Today, May 5th, is the day that New Zealanders will have earned enough to pay their annual tax bills, and can start working for themselves.

The date of Tax Freedom Day was calculated by the accounting firm Staples Rodway.

Tax Freedom Day is a theoretical measure used to compare the tax obligations owed in a country year to year, and the tax obligations between countries.

The measure is a convenient measure, as it takes into account the total tax burden faced by taxpayers, even as tax rules change or new taxes are introduced.

The date is calculated by comparing the total GDP of a country, against the total tax take for the government.

In New Zealand in 2018, the date of Tax Freedom Day came a...

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Tax Freedom Day in the USA

April 16, 2018 Taxation in USA

tax freedom dayWASHINGTON D.C. – America’s Tax Freedom Day will is only days away, but would be almost 3 weeks away if the government’s overspending was counted.

Tax Freedom Day in the USA will fall on April 19th this year, according to new information released last week by the think-tank the Tax Foundation.

Tax Freedom Day is a measure used by some think-tanks and researchers to help illustrate the tax burden faced by taxpayers in a country.

The measure is used to illustrate how long an average taxpayer needs to work each year before they would earn enough to pay off an average tax burden for the entire year.

This year in the USA the average taxpayer would need to work for 109 days before paying off their tax obligations.

The Tax Foundation claims that the average American will spend more on tax this...

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Greeks Work 203 Days to Pay Tax

June 28, 2017 Taxation in Greece

Tax Freedom DayATHENS – Greeks work for nearly two-thirds of the year just to raise enough money to pay their taxes.

According to the results of new research conducted by the Greek think-tank Dragoumis Center for Liberal Studies, Greek taxpayers need to spend 203 days working this year in order to earn enough to simply cover their annual tax bill.

The new research shows that in 2017, Tax Freed Day, in Greece will fall on July 23rd.

Tax Freedom Day is a theoretical measure of how long it takes the average taxpayer to pay off their tax obligations.

The date of Tax Freedom Day this year is 15 days later than in 2016, and nearly 2 months later than in 2006.

Only two countries in the EU have a Tax Freedom Day falling later than Greece, being Belgium and Greece.

Conversely, some countries saw Tax Freedom Day...

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