This is different to direct taxes which you pay based on your income and, potentially, your wealth, such as income tax, capital gains tax and inheritance tax. Types of indirect tax Indirect taxes ...

Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as ...

Broadly, there are two categories of taxes: direct and indirect. Direct taxes are progressive levies, including income tax, ...

In the UK, we categorise taxes as direct and indirect taxes. A direct tax is paid directly by a person or business to the government from wages or profits. An indirect tax is applied to a good or ...

The key difference between direct and indirect tax is that direct tax is charged to individuals or businesses, while indirect tax is added to the cost of goods and services. Whether a tax is direc ...