Average tax bill rises to £668k!

The annual Lifetime Tax report from The TaxPayers’ Alliance reveals that the total lifetime tax the average British family can expect to pay if current tax rates continue is £668,000 at today’s prices. This is a jump from the £631,000 lifetime tax bill reported last year.

Poor families were even harder hit by rising taxes, seeing their tax bill jump in one year to £264,000, up from £233,000 last year.