Explain why income tax in the UK is an example of progressive taxation?

Progressive taxation refers to a tax becoming progressively more substantial as an individuals income rises. This means as a person earns more income they are taxed more on the increase in income that they have earned. Within the UK, the income tax system is considered progressive as there are a number of different taxation brackets that individuals income can fall into which requires an increase in the average rate of taxation the more you earn. Therefore UK taxation can be considered a progressive system.

Answered by James R. Economics tutor

2981 Views

See similar Economics GCSE tutors

Related Economics GCSE answers

All answers ▸

Discuss the factors causing the demand for the iPhone to shift to the right.


Explain why income tax in the UK is an example of progressive taxation.


What are the main macroeconomics variables?


Why might expansionary demand side policies not always be effective in promoting economic growth?


We're here to help

contact us iconContact usWhatsapp logoMessage us on Whatsapptelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

© MyTutorWeb Ltd 2013–2024

Terms & Conditions|Privacy Policy
Cookie Preferences