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  1. #1
    Thailand Expat
    crippen's Avatar
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    The UK now has the longest tax code in the world

    UK has longest tax code handbook in the world
    The UK now has the longest tax code in the world according to LexisNexis, the publishers of Tolley's tax guide. The handbook of tax legislation now runs to 11,520 pages, a 10pc increase on last year and more then double the number of pages from 12 years ago.

    By Jonathan Russell
    Published: 6:45PM BST 06 Sep 2009
    The increase in tax legislation is largely down to the Government's recession-busting measures and the new Corporation Tax Act. But it will reinforce criticisms over Gordon Brown's apparent tinkering with the tax code. Accountants claim that the system is now unnecessarily complex.
    It comes hot on the heels of reports of a fall out between the Prime Minister and Chancellor Alistair Darling. Mr Darling is understood to be refusing to back up Gordon Brown's claim that the Government has saved 500,000 jobs through its handling of the economy and the economic stimulus package it has put together.view-source:http://www.telegraph.co.uk/finance/n...world.html:UK:

  2. #2
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    I bet that`s a heavy book then

    It doesn`t surprise me though,each quarter there`s a set
    of notes accompnying the VAT return sent out by
    Customs and Revenue, always something changing or new.

  3. #3
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    Fabian's Avatar
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    I doubt that is true. German tax is surely much more complicated but it is just not one code but set out on many different laws.

  4. #4
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    Worked under both and glad now to work under none. Mind you the money lost in Thailand I might as well have given it in tax

  5. #5
    ding ding ding
    Spin's Avatar
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    Was reading the other day that the USA has a law where if you die, and you are holding USA stocks, then you have to pay death taxes on those stocks in America.

    It makes no difference where you are living, its makes no difference if you have never lived, or even visited America, it makes no difference if you are American or not. Same law for all.

  6. #6
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    Fabian's Avatar
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    I would guess only if you are holding those stocks in the US.

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