Yes, food - and chldrens' clothes are zero rated.
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30 STG? not sure what that is.
Sorry Bill, STG often used as abbreviation for "pounds sterling".
My understanding is that foreign nationals who are resident are taxed as UK nationals.
Take home as percentage of pay is a moving target as direct taxes are progressive and indirects are regressive, so it depends where you end up on the income distribution and your demographic circumstances (family size and ages).
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With the exception of Council tax and Northern Ireland rates, direct taxation is progressive; that is it takes a larger proportion of income from those households that have higher gross incomes. In 2005/06, the top fifth of households paid 25 per cent of their gross income in direct tax while the bottom fifth paid 9 per cent.
Indirect taxes are regressive, taking a higher proportion of income from those with lower incomes. For the top fifth of households, indirect taxes account for only 11 per cent of gross income, compared to 27 per cent for the bottom fifth. Since direct and indirect taxes have opposite effects on the level of inequality, the tax system as a whole has a much smaller effect on inequality than cash benefits
from the Office of National Statistics, but talking about 05/06.
I don't know if you've come across the
"Hamburger Standard" for international exchange, does this help?
Country BigMac Price Actual Exchange Rate Over(+) / Under(-) Valuation , % Purchasing Power Price
in Local Currency in US dollars 1 USD= against the dollar
US $ 3.41 3.41 1 --- ---
Britain £ 1.99 3.9539 0.5033 22.6505 0.6173
Normal mortgages are repayment mortgages over a 25 or 30 year period variable interest. With the recent insanity in the housing/financial markets all manner of wierdnesses have been going on, but looking forward I would think that ratios of 4-5 might be possible.... ah I remember when you were lucky to get 3 times, and that with a 30% deposit....
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I've so many questions.
I think this has got a bit off your present electoral excitements, so mail me if you like, or iChat and what I don't know I shall find out for you...