--- title: The Many Taxes We Pay description: There’s nothing certain in life except death and taxes (so the saying goes), but in the UK, taxes appear to impact every aspect of our lives. image: https://blog.shorts.uk.com/hubfs/taxes-1.jpeg --- [![Shorts_logo_White](https://blog.shorts.uk.com/hubfs/New%20Site%202018/Shorts_logo_White.svg "Shorts_logo_White")](https://www.shorts.uk.com/) [Blogs & News](https://blog.shorts.uk.com/) > # The Many Taxes We Pay David Robinson - 28 September 2021 ###### Select topic - Please Select - [ Audit ](https://blog.shorts.uk.com/topic/audit) [ Business Taxes ](https://blog.shorts.uk.com/topic/business-taxes) [ Radius – R&D Tax Relief & Patent Box ](https://blog.shorts.uk.com/topic/radius-rd-tax-relief-patent-box) [ Corporate Finance ](https://blog.shorts.uk.com/topic/corporate-finance) [ GENUS Management Accounts ](https://blog.shorts.uk.com/topic/genus-management-accounts) [ VAT ](https://blog.shorts.uk.com/topic/vat) [ Private Client ](https://blog.shorts.uk.com/topic/private-client) [ Payroll ](https://blog.shorts.uk.com/topic/payroll) [ EOT ](https://blog.shorts.uk.com/topic/eot) [ International Taxes ](https://blog.shorts.uk.com/topic/international-taxes) ![featured image](https://blog.shorts.uk.com/hubfs/taxes-1.jpeg) There’s nothing certain in life except death and taxes (so the saying goes), but in the UK, taxes appear to impact every aspect of our lives. ## Which taxes are you most likely to encounter? To demonstrate this, we’ve taken the life cycle of a typical UK adult and identified some of the taxes they will come across in certain parts of their life. - As an employee, our individual suffers **Income Tax** and **National Insurance** on salary earned. - The net amount received is then used to buy products or services, on which **VAT** is charged. - They may have a night out, and pay **alcohol duties** or **tobacco duties**. - When they top up their **car**, they pay duties on that. - They may buy a house and pay **Stamp Duty**, then rent it out to a tenant - They may also buy a house, and then let it out to a tenant. They will incur I**ncome Tax on the rent**. - When they sell their house, they may pay **Capital Gains Tax** (although the sale of a main home is generally tax free). - They may invest in some shares, and be **taxed on the dividends or gains**, or save with a bank, and be taxed on the interest. - Later, they may set up their own business, and suffer **Corporation Tax** on the profits (if in a company). When taking funds out of the company, they will suffer income tax on the dividends or salary. And employing workers (creating jobs) will result in **employer National Insurance**. - They may then sell their company, and suffer **Capital Gains Tax**. - And when they die, their estate may well suffer **Inheritance Tax**. Taxes are essential to the UK society, they pay for things we take for granted in the UK (like the NHS and schools). However, there are many different stages of a lifecycle that attract different taxes, and navigating through them can be complex. At Shorts, we help clients navigate their way through all taxes, and ensure clients claim tax reliefs they are entitled to. Speak to us today if you have a question about any one of the many taxes we pay, or download our free [2022/23 Tax Saving Guide](https://info.shorts.uk.com/en-gb/2020-tax-saving-guide).  ![author](https://blog.shorts.uk.com/hubfs/Team%20profile%20round%20images/David%20Robinson%20Round%20circle.jpg) #### David Robinson As a Tax Partner, I advise clients on all aspects of UK tax, ranging from business taxes, transactions and private client matters, helping to achieve the objectives and aspirations of businesses and their owners. [View my articles](https://blog.shorts.uk.com/author/david-robinson) Share this on - - - [Questions? Get in touch with us](https://www.shorts.uk.com/contact/) ###### Tax Saving Guide 2026-27 Written especially for entrepreneurs and owner-managed businesses, this guide is full of planning ideas and tax risks to avoid. [ Download now ](https://info.shorts.uk.com/en-gb/tax-saving-guide) ![Tax saving guide 2026-27](https://blog.shorts.uk.com/hs-fs/hubfs/Tax%20saving%20guide%202024.jpg?width=375&height=465&name=Tax%20saving%20guide%202024.jpg) ###### Related articles ##### [Autumn Budget 2021 Review: Capital Taxes](https://blog.shorts.uk.com/autumn-budget-2021-review-capital-taxes) ##### [Autumn 2021 Budget Review: Personal Tax](https://blog.shorts.uk.com/autumn-2021-budget-review-personal-tax) ##### [How Year-Round Tax Planning Can Help SMEs](https://blog.shorts.uk.com/how-year-round-tax-planning-can-help-smes) ##### [Autumn 2021 Budget Review: Business Rates](https://blog.shorts.uk.com/autumn-2021-budget-review-business-rates) ###### Latest articles [How to separate a business through a demerger](https://blog.shorts.uk.com/how-to-separate-a-business-through-a-demerger) [A case of aggressive tax avoidance: Glasgow Rangers Football Club](https://blog.shorts.uk.com/aggressive-tax-avoidance-affect-you) [What is VAT? - Complete Guide (Updated for 2025/26)](https://blog.shorts.uk.com/what-is-vat) [Ashgate Hospice Sparkle Night Walk 2026](https://blog.shorts.uk.com/ashgate-hospice-sparkle-night-walk-2026) [Stocktaking guide for UK businesses](https://blog.shorts.uk.com/stocktaking-guide-for-uk-businesses) [Supporting the Chatsworth Cascade for future generations](https://blog.shorts.uk.com/supporting-the-chatsworth-cascade-for-future-generations) [Deal of the Year win at Insider Dealmakers Awards 2026](https://blog.shorts.uk.com/deal-of-the-year-win-at-insider-dealmakers-awards-2026) [Football shirt Wednesday: Backing England in style](https://blog.shorts.uk.com/football-shirt-wednesday-backing-england-in-style) [Understanding lifetime trusts: the basics](https://blog.shorts.uk.com/understanding-lifetime-trusts-the-basics) [Close company directors face new HMRC detail requirements in 2026](https://blog.shorts.uk.com/close-company-directors-face-new-hmrc-detail-requirements-in-2026) #### About Us Use this little footer to reinforce your message about who you are and why people love working with you. And since this is a global module, you only have to edit it once to make the changes across every page it appears on. [Learn More [fa icon="long-arrow-right"]](https://blog.shorts.uk.com/the-many-taxes-we-pay#) #### More Links #### Contact Us [fa icon="phone"]   [fa icon="envelope"]  [yourname@company.com](mailto:yourname@company.com) [fa icon="home"]  Cedar House, 63 Napier Street, Sheffield, South Yorkshire, S11 8HN, | 2 Ashgate Road, Chesterfield, Derbyshire, S40 4AA | (0114) 2671617 / (01246) 559955 [[fa icon="facebook-square"]Facebook](https://blog.shorts.uk.com/the-many-taxes-we-pay#) [[fa icon="linkedin-square"]Linkedin](https://blog.shorts.uk.com/the-many-taxes-we-pay#) [[fa icon="twitter-square"]Twitter](https://blog.shorts.uk.com/the-many-taxes-we-pay#) [[fa icon="pinterest-square"]Pinterest](https://blog.shorts.uk.com/the-many-taxes-we-pay#) Copyright 2026 | Designed with [fa icon="heart"] by [HubSpot](https://www.hubspot.com) [[fa icon="chevron-up"]Back to top](https://blog.shorts.uk.com/the-many-taxes-we-pay#) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "David Robinson", "url" : "https://blog.shorts.uk.com/author/david-robinson" }, "dateModified" : "2022-09-01T12:54:09.847Z", "datePublished" : "2021-09-28T10:31:52.000Z", "headline" : "The Many Taxes We Pay", "image" : [ "https://blog.shorts.uk.com/hubfs/taxes-1.jpeg" ], "mainEntityOfPage" : { "@id" : "https://blog.shorts.uk.com/the-many-taxes-we-pay", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://blog.shorts.uk.com/hubfs/2018%20Shorts%20logo%20with%20transparent%20background%20.png" }, "name" : "Shorts" } } ```