2 September 2005

Flat Tax For the UK

A flat tax might actually be headed to the UK. Eleven countries in Europe have already adopted the concept including Hong Kong, Russia and Eastern Europe.

Germany is the first major Western country to be on the edge of adopting this simple approach to paying taxes. When Russia adopted a flat 13 pc tax rate, tax revenue doubled.

Imagine, a world without confusion and complexity when it comes to paying taxes. Not a bad idea is it?

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home