Tax Freedom Day - UK

Malcolm

Supporter
"We are now at last working for ourselves - last Monday was UK tax freedom day. The day on which we stop working to pay our taxes and start bringing home the pennies."

So says my bank, but can anyone say if that is calculated from 1st January till June 2nd or from the financial year start date of April 6th? It certainly feels like the January date to me.....

Another interesting/depressing point they made was that 10 years ago ie December 1998 oil was $10.72 per barrel. Last Friday the price for a barrel of oil increased by $10.83 taking it to a new record high of $138 per barrel. Yikes!
 
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