26 The Excessive Pay Levy is a payroll tax, charged against the
employer of any individual earning more than a defined limit
(from all sources).
So if JK Rowling becomes a local councillor then the LA will be charged the extra tax on her £12,000 a year because she sells a lot of books.
Well thought out, isn’t it?
Another fun footnote:
“Offshore Trust Levy”. Data from Land Registry and
Private Eye calculations.
There’s a research arm we can trust, eh?
34 VAT on private school fees
34 Fabian Review, January 2011