Today marks Tax Freedom Day where, essentially, everyone’s taxes are theoretically paid, and money earned for the rest of the year goes to us.
Baker Tily Staples Rodway have released their Tax Freedom Day calculations.
While our taxes show where we have been spending the most money - alcohol and driving – there are concerns about what new tax policies are going to do to our incomes.
Tax director Mike Rudd told Kate Hawkesby that the top personal tax rate has gone up, and he expects more to come during the year.
"We can expect Tax Freedom Day to move later in future years."