Almost the End of the Month and another big tax bill

So had another big tax bill due to a roof repair after the recent storms. We called out the insurance company and they did an assessment and decided that although the roof needed to be replaced it was mostly due to age so they would only pay out £400. Unfortunately this didn't even cover the £648 VAT that was payable on the work.

Current cost of Government at the end of January is £4,166.70

Looking a bit different now

So yesterday I blogged about how I had paid £300 in tax in three weeks, giving me an average of (Just under) £100 per week.

Well after getting my pay that figure has now changed to £3,518.37.

New Taxes paid today are:

£2,655.60 in Income Tax (An extra high amount as I get my annual bonus in January)
£499.41 in National Insurance

£1.47 in Stamp Duty from some shares I bought and
£120 in Port Fees for our Holiday we are taking in July.

So now it is around £1026.19 per week.

3 Weeks in and £291.89 paid in Tax

So far I have paid £291.89 in taxes in 2013, Just under £100 per week.

This is all set to change tomorrow however when I get paid and make the largest single contribution to the Governments Coffers.

So after three weeks the various taxes I have paid are broken down as

So Council Tax is still the highest volume at present with £132.00 but followed by VAT at £81.30 and Fuel Duty of £54.95 there is a large increase in VAT due as I am getting some work done on the house which should increase that by £600 as well as paying for a Holiday that we have booked. so I very much doubt this £100 per week level will be anything like how it will look even by the end of this week.

The single biggest taxed item so far is, unsurprisingly, Petrol where so far with £76.35 out of £128 going to the government.

Diesel and my first payment of fuel duty

So today I had to fill up my Car, I had to put in 47 Litres of Diesel (Well 46.91 to be exact) at a price of £1.359 per litre.

From this £63.75 paid £10.63 was taken as VAT and £27.18 was taken as fuel duty so 59% of the money I spent this morning went to the government.

So at the moment (Day 3 of 2014) my tax liability is as follows.

1st Tax of the Year

So here we go on my first Taxes spent of the year, I have most of my monthly payments set up to come out on the first and have taken the liberty of bringing the two that don't forward for the first but here are the taxes paid on my Direct Debits that come out of my account this morning.

So from my first set of bills of the year I have paid £35.89 in VAT, £11.52 on Green Taxes on my energy bill, £132 in Council Tax and £12.12 in TV License so have so far contributed £191.53 to the government.