The Adam Smith Institute has calculated that Tax Freedom Day 2014 falls on 28th May.

Read the Independent’s article on Tax Freedom day here.

“According to the free market think tank the Adam Smith Institute, today is “Tax Freedom Day” for the UK – the date on which the average person has paid their share of tax and is now effectively working for themselves.

But the Treasury used the occasion to point out that in an independent Scotland, taxpayers would have to wait until 13 June to reach the same point.”