04-03-14, 05:48 PM
What would you change?
My bugbears are:
Cease VED. Put it on petrol
income tax - make it a flat percentage over a certain 'living' wage
Cease NI as a separate tax (including the 'employer contributions')
Stamp duty: the steps are ridiculous as the increased percentage applies to the whole amount - not just the amount over the threshold! Actually - why not make it a flat percentage over a certain amount.
Cease child benefit.
Re-introduce married person transferable tax allowances.
Cease tax free schemes like ISAs
Flat rate VAT - remove the anomalies like a lower rate for kids clothes, safety equipment, food, on and off-premises milk!
Basically make everything simpler and more transparent whilst removing the need for bureaucrats and expensive, complex IT systems. It is is simple and transparent then it is more likely to be fair as people can actually see where the money goes If it is simple it should be a damned site cheaper to administer.
What would you change?
My bugbears are:
Cease VED. Put it on petrol
income tax - make it a flat percentage over a certain 'living' wage
Cease NI as a separate tax (including the 'employer contributions')
Stamp duty: the steps are ridiculous as the increased percentage applies to the whole amount - not just the amount over the threshold! Actually - why not make it a flat percentage over a certain amount.
Cease child benefit.
Re-introduce married person transferable tax allowances.
Cease tax free schemes like ISAs
Flat rate VAT - remove the anomalies like a lower rate for kids clothes, safety equipment, food, on and off-premises milk!
Basically make everything simpler and more transparent whilst removing the need for bureaucrats and expensive, complex IT systems. It is is simple and transparent then it is more likely to be fair as people can actually see where the money goes If it is simple it should be a damned site cheaper to administer.
What would you change?