WW - Tax Rates Compared
Income tax by country comparison
Income tax by country comparison
Country/Income Tax Range/Average Annual Salary/Tax Rate on Average Salary
Australia/ 0-47% /AUD 77,433/ 32.5%
Canada/ 15-33% (federal) + 4 -25.75% (provincial)/ CAD 62,420 /20.5% (federal) + provincial (e.g. 9.15% in Ontario)
France/ 0-45%/ EUR 36,066/ 30%
Singapore/ 0-20% SGD 88,415 7%
Switzerland/ 0-40% (levied at federal, cantonal and municipal levels)/ CHF 86,812 e.g. 21% (Genève commune in Geneva canton)
UAE/ 0% N/A 0%
United Kingdom/ 0-45% /GBP 27,600/ 20% (basic rate after personal allowance of £10,600)
USA/ 0-39.6% (federal)+ 0-13.3% (state) + 0-3.645% (local)/ USD 57,139 25% (federal) + provincial (e.g. 5.9% in New York) + (e.g 3.645% in NYC)
This table doesn’t include other payroll deductions like National Insurance (UK) or Medicare contributions (Australia).
Tax rates in UK amongst highest, however many other countries also have more direct taxation which is not factored here.
Principle holds though that we have a large economy, we have a high tax rate and yet we don't seem to have any money for public programmes and services.
So where does it go ?
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