How you get taxed to death in the UK 🇬🇧 Me: I earn £100k HMRC: Lovely. We’ll take about £40k Me: I buy a £30k car HMRC: Add 20% VAT Me: I invest and make £20k profit HMRC: Capital Gains please Me: I gift my kid £10k HMRC: Hope you live 7 years Me: I sell some stuff online and make £200 HMRC: That’s income. Declare it Me: I buy a £400k house HMRC: Stamp Duty please Me: I finally retire HMRC: Great. Now we tax your pension Me: I die HMRC: Inheritance Tax please