Sunday, September 06, 2009

A full receipt

Receipt found courtesy of Wat Tyler...

Via Old Holborn, I see that a hairdresser is running a campaign to give customers full information...
In a move to expose just how much money ends up in the government’s coffers, London hairdresser Michael Van Clarke has started issuing all customers with a full tax receipt – and he’s urging other retailers and businesses to follow suit.

Van Clarke reckons it’s time to give his clients a true insight into their salon bills—and their extortionate further tax contributions. Of an average bill of £100, more than £13 makes up VAT, over £26 goes towards staff national insurance and income taxes, and almost £9 to over a dozen other business taxes including; rates, insurance tax, climate levy tax and even landfill tax, adding up to £48 of tax—almost half the bill.

“Most people are totally unaware of their true tax charges,” comments Van Clarke. “Even after the government has taxed our salaries, a massive 41 per cent and rising, plus council taxes, vehicle and TV licence taxes etc, as consumers we’re still subject to further rip-off taxes, almost half of our spendable earnings.

“Effectively, for every £4 we work hard to earn, we’re rewarded with £1 spending power. The rest goes to our shamed government. It’s a scandalous situation, and we hope our full tax receipts will go some way to highlighting the state of affairs!”

This may be a publicity stunt, but I still think that it is a very good idea. After all, many people have been calling for us to adopt US-style annual tax returns: this would mean that everyone is fully aware of how much tax they pay annually.*

What we don't get—and what Van Clarke is highlighting—is how much tax costs us when we spend what money the bloody government lets us keep.

* A P60 should, of course, give you this information anyway.

9 comments:

Lola said...

I run a retail FS business. We have calculated that 'compliance' costs - that is doing all the bollocks demanded by the entirely useless FSA - 'Do it or we'll shut you down' - adds about 15% to our costs. So, I have decided to issue bills (we are fee charging) showing an item for regulatory tax at 15% of the invoice value. Our bill will be, our fees + RT + VAT.

Shug Niggurath said...

I've long thought that all retail outlets should show the ex-VAT price in large lettering with the inclusive price smaller. People need it highlighted.

Curmudgeon said...

The most glaring example of where this should be adopted is in sales of petrol and diesel. 70% and more of the retail price is fuel duty and VAT, let alone any other taxes.

marksany said...

Which is why you can pay so much less for a cash in hand job. This burden is so high that parts of the economy can only exist in a cash only world.

Claíomh na Saoirse said...

I'm sure Makro do this. Or did do so anyway.

They should do it in pubs and petrol stations, stand back, and watch the riots begin....

Friday Night Smoke said...

Curmudgeon, I did a full breakdown of the current tax on motor fuel, including annual figures for the 'average' car and lorry, on my blog here: http://blog.fridaynightsmoke.co.uk/2009/08/30/fuel-duty-rise-the-cost-of-motoring/
I make the current figure 66% of the pump price, or 300% tax on top.

Anonymous said...

I have often said that petrol companies should post the selling price plus the total tax, as seperate items. They don't, I wonder why? They are of course pimping for this corrupt government, of thet there can be no doubt. But all the large companies, Sainsburys naturally, Tesco, Morrisons and the rest do it as well. It is an old fashioned protectionist racket for which we pay....heavily.
Derek

CT said...

Hi,
I recently came across your blog and have been reading along. I thought I would leave my first comment. Great post, concise and easy to understand. I like this post..

I found out that this blog is very interesting and informative.
Best of luck to you!

Cheers,
Health and Lifestyle
How to Improve Your Golf Swing Fast?
Free Fishing Games One Try & You'll Be Hooked!
Pearl Necklaces

Mark Wallace said...

Happy to say that Michael Van Clarke is a supporter if the TPA's - a great guy, and we're hopefully bringing more companies on board with this soon...