- Home//
- What's new//
- News archive//
- November 2007//
- Graduate tax
- Home
- About us
- Our Products
-
What's new
- The latest
- Downloads
-
News archive
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- November 2006
- October 2006
- September 2006
- August 2006
- July 2006
- June 2006
- May 2006
- April 2006
- March 2006
- Press and PR Archive
- Press and PR
- Our clients
- Client zone
- Contact us
Graduates on 49% tax by 2012
29.11.07
The latest missive from the Reform think tank claims that this generation of graduates will be paying nearly fifty percent in tax within five years
An average graduate salary of £27,155 would, according to the think tank, be slashed by over £10,000 in taxes (including council tax and VAT), by a further £1,500 or so in “near-compulsory” pension contributions and by £1,000+ in student-loan repayments.
This leaves an average disposable income of only £13,862.26.
About Reform
Reform is a free-market think tank pushing public-sector reform and the extension of consumer choice in the provision of public services. The organisation’s annual reports on this generation aim to give a voice to the people it believes are being hamstrung by having to pay for the Baby Boomers’ retirement plans.