Good summary of the UK tax system, the article demonstrating that income is taxed far more heavily than other forms of earnings.
http://www.lovemoney.com/news/household-bills/tax/12685/why-working-is-a-mugs-game
So about 30% of income for most people. A simplified tax system is long overdue, but it seems further away than ever. Especially since direct income tax is seen as a difficult thing for the government to raise.
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