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The history of taxation in the United Kingdom includes the history of all collections by governments under law, in money or in kind, including collections by monarchs and lesser feudal lords, levied on persons or property subject to the government, with the primary purpose of raising revenue.
Taxation in the United Kingdom. In the United Kingdom, taxation may involve payments to at least three different levels of government: central government ( HM Revenue & Customs ), devolved governments and local government.
VMED O2 UK Limited, trading as Virgin Media O2, is a British mass media and telecommunications company based in London, England. The company was formed in June 2021 as a 50:50 joint venture between Liberty Global and Telefónica through the merger of their respective Virgin Media and O2 UK businesses.
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The standard rate of income tax in 1949 was 50%. If the company paid a £100 dividend, the recipient would be treated as if he had earned £200 and had paid £100 in income tax on it – the tax paid by the company fully covered the tax due from the individual on the dividend paid.
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