The Isle of Man’s toilet tax has prompted a website in the UK to come up with a list of controversial and unpopular taxes.
The story, accompanied by an image of a toilet full of Bank of England currency, is written by former island resident Adam Uren.
He writes: ‘It has proved an immensely unpopular move by the Manx government with a petition of more than 6,000 signatures - 11 per cent of the electorate - being submitted prior to its approval.’
The story, on thisismoney.co.uk, goes on: ‘I was born and raised in the Isle of Man, and I know first hand that the tax system is still far more generous to the lower paid than the UK is, giving earners their first £9,300 tax-free, and only taxing earnings from here to £19,800 at 10 per cent. After that they pay tax at 20 per cent.
‘But if the tax system is generous to lower earners, for the wealthy it is downright profligate, as that 20 per cent is the maximum tax rate irrespective of how much you earn. What’s more, tax liabilities are capped at £120,000.
‘The problem with introducing non means-tested taxation is that the wealthy are always the better off and despite what impressions you’ve built up about the island, it is not just a playground for the super-rich.’
‘So there’s going to be a situation where a single person working 9 to 5 living in an apartment with a small shower and toilet will be paying the same amount of toilet tax as a retired multi-millionaire caught short 20 times a day living in a country mansion with five lavish marble-finished bathrooms.’
The article goes on to list the UK’s pasty tax, the community charge (or poll tax) and inheritance tax as other unpopular taxes.
To see the story in full click here.