Flashcard DefinitionA tax paid directly to the government such as income or capital gains tax. Block TypeFlashcard💡Related content:Home | Institute for Fiscal StudiesHow do UK taxes work? Who pays? What's been changing? Answers to big questions on revenues, tax policy and more. Charts and downloadable data on revenue, tax rates and more. Interactive charts and downloadable data on revenues, spending, tax rates and thresholds, distributional effects and much more.ifs.org.uk
