Taxation in the United Kingdom/Introduction

Aim of the Book
This wiki book aims to give a general overview of taxation in the United Kingdom.

Different types of taxes
Taxation in the United Kingdom is levied in a number of ways:

Direct Taxes
These are levied directly upon the taxpayer and are generally taken from the taxpayer's income.


 * Income tax
 * Capital gains tax
 * Corporation tax
 * National insurance
 * Stamp taxes
 * Council tax
 * Inheritance tax
 * Business rates

Indirect Taxes
These are collected through an intermediary such as a reseller and are generally a tax upon consumption.


 * Value added tax
 * Levies on specific goods (alcohol, hydrocarbons, tobacco, etc)
 * Insurance premium tax
 * Petroleum revenue tax
 * Aggregates levy