Tax Freedom Day lands later than ever Analysis by the Adam Smith Institute shows that UK workers have finally seen Tax Freedom Day, the first day of the year that earnings are no longer earmarked for HMRC. The report says that if a taxpayer allocated all their pay to cover their tax bill on January 1, it would have been June 18 before they would finally be clear of the debt. This is the latest arriving Tax Freedom Day since reliable records began in 1995. In 2022, it arrived on June 8 and the think-tank says that by 2025, taxpayers will not be working tax free until June 23. John O’Connell, chief executive of the TaxPayers’ Alliance, said those struggling amid the cost-of-living crisis will be angry to learn that they spend almost half the year working for the taxman. He added: “What's more, the screws will be turned further in the coming years as the Government shifts ordinary workers into tax bands designed for the super-rich.” Noting that Tax Freedom Day is 10 days later than just a year ago, former Brexit Minister Lord Frost said this shows how much the Government has raised taxes “in a short period."