Ever heard of Tax Freedom Day? Apparently tax freedom day is an estimate of the day in the year when we all stop working for the taxman and start working for ourselves. For example, if we pay, say, a total of 30% of our income to the tax man in terms of income tax, VAT, customs duties and the like, then tax freedom day starts just after 30% of the year has passed: that would be around 21 April. If we pay 50% of our earnings in tax then tax freedom day starts on 1 July. Apparently, despite all her promised, tax freedom day started latest of all recent Government Administrations under Margaret Thatcher's leadership! Well, well, well. Never liked her! Thanks to Accountancy Age for that riveting information. DW