National Insurance, both employers and employees
Income tax
Corporation tax
Tax on dividends
And then on anything you manage to get into your back pocket after all that, you get to pay Value added Tax on the stuff you buy!
Follow £100 through the flow and its £32.50 in corporation tax, pay yourself the remaining £67.50 as a bonus and at 40% thats another £27 in tax, and lets not forget the 67p national insurance, leaving you with £39.33, oh and it cost the comapny £12.80 to pay you the £100 in the first place.
So in the above example it costs £112.80 to put £39.33 in the employees pocket. Thats over 65% in tax.
Then you spend that £39.33 on goods liable for VAT and youve actually coughed up another £5.90 in tax, leaving you with £33.43 from the original £112.80...
Of course there are options for some of dividend payment instead of bonuses, or sticking money into a pension fund to save the corporation tax, though the latter doesnt officially get it into your pocket until you retire, but even these methods aren't exactly what people would call major tax loopholes.
What with the economy having a wonderful time of it and Darling hell bent on getting us into a mess which will need taxes raising to resolve it - I dont think we are in for a pleasant time.
Happy days..