HMRC – UK local tax authorities published recently “Income tax statistics and distributions”

Income Tax is an annual tax on an individual's income for a tax year (6 April to the 5 April the following year). It is the UK Government’s largest single source of tax revenue. For this reason UK Statistics Authority prepared a large and useful statistics based on this factor. Test.

The statistics aim to provide the taxpayers with more information on the current situation and to systematize and organize important information in one place. HMRC produce Income Tax statistics both on a liabilities and receipts basis:
Income Tax liabilities - http://www.hmrc.gov.uk/stats/income_tax/liabilities-april2011.pdf
Income Tax receipts - http://www.hmrc.gov.uk/stats/income_tax/it-stats-apr11.pdf

Liabilities are amounts of tax due on incomes arising in a given tax year, whereas receipts show amounts paid and collected in a given year. Due to lags in the payment of Income Tax, particularly that collected via Self Assessment, and other reasons, statistics on Income Tax liabilities will not match those for receipts.

If you require statistics about how much tax is actually paid and collected by HMRC in any given tax year, or information on how the tax has been collected, then you should look at statistics on Income Tax receipts.
The nature of how Income Tax is collected means it is not possible to analyse Income Tax receipts by taxpayer characteristics, for example, by taxpayer’s marginal tax rate, age or gender. However, these analyses are possible through modelling of Income Tax liabilities based on a representative sample of taxpayers using administrative data.
If you require detailed breakdowns of income taxpayer numbers and the distribution of tax liabilities across taxpayers and tax bands, then you should look at statistics on tax liabilities.
HMRC also produce detailed statistics on taxpayer incomes - http://www.hmrc.gov.uk/stats/income_distribution/menu.htm

If you are going to the USA, be careful with the tornados

From our clients in USA Dendax team just understand that cluster of tornadoes has hit the US state of Massachusetts, killing at least four people.

They left a trail of destruction across 24 towns, ripping off roofs, uprooting trees and scattering debris.
Worst hit was Springfield, the third largest city in the state, where 33 injuries were reported. A state of emergency has been declared and the National Guard has been called in.

Tornadoes are rare, but not unheard of, in the north-eastern US.

State Governor Deval Patrick said the path of damage from the first and most powerful tornado rampaged from Westfield, just west of Springfield, and extended east to the community of Douglas.

A second, slightly less powerful twister, cut a path from West Springfield to Sturbridge in the central part of the state.
The damaged area is about 90 miles (145km) west of Boston.

The storm struck after a tornado alert was issued for much of the East Coast, including Philadelphia, New York and Boston.
Dendax is here to give you advices what to do in case of tornado. Dendax team strongly suggests you to:

• In a home or building, move to a pre-designated shelter, such as a basement.
• If an underground shelter is not available, move to an interior room or hallway on the lowest floor and get under a sturdy piece of furniture.
• Stay away from windows.
• Do not try to outrun a tornado in your car; instead leave it immediately.
• If caught outside or in a vehicle, lie flat in a nearby ditch or depression.
• If you know in advance that tornado is coming prepare money, ID card, any valuables a set of clothes water and food and go into a shelter.

For more information contact the Shreveport National Weather Service at 631-3669, the Louisiana OEP at 800-256-7036, or the American Red Cross at 865-9545. find out what types of disasters could occur and how you should respond. Learn your community’s warning system and evacuation plans.