Tax app is launched to furious excitement
Are you confused by taxes? If you are, that blessed government of ours have launched a phone app which will apparently help you out. The app will calculate how much tax you pay as well as showing you where the money goes, or if you prefer, shows you exactly how it's being wasted by a bunch of pink-faced berks in cheap suits.
HMRC reckon that over half of taxpayers don't know how much income tax and NI they pay each year, so this app is designed to make the whole thing more 'transparent'.
This new calculator enables you to enter your weekly, monthly or annual earnings and it'll work out exactly how much tax you pay. Just in case you fancy becoming massively depressed at how much of your earnings get swiped, that is.
It can be downloaded at the Apple Store or Google Play or if you like, you can get it from the HMRC website. It's a real treat for masochists!