On this day in 1799, Britain’s government institutes the country’s first modern income tax. The move is necessary to help finance the widening war against France. The levy starts at less than 1% for earners making £60 a year and increases to 10% on incomes over £200. https://t.co/aZMH2PPbtt

On this day in 1799, Britain’s government institutes the country’s first modern income tax. The move is necessary to help finance the widening war against France. The levy starts at less than 1% for earners making £60 a year and increases to 10% on incomes over £200. pic.twitter.com/aZMH2PPbtt

— Military History Now (@MilHistNow) January 9, 2025