SocketRocket
Ryder Cup Winner
Remove inheritance tax
I think the stamp duty holiday extension is the worst kept secret in this budget.Go for the 'short, sharp shock approach'. Work out how much you would need to increase income tax to the middle and high rate bands to repay a good chunk of the covid debt over the next 5 years and apply that. Put in place cast iron laws to reduce it back to current levels when the debt reaches an agreed level.
Oh and move the end date for the stamp duty holiday. I really do not fancy having to deal with that in 3 weeks, especially when many transactions are held up due to delays in local authority searches caused by covid.
I think the stamp duty holiday extension is the worst kept secret in this budget.
Make Tax Avoidance illegal.
Switch road tax to more duty on fuel. The more you use the roads, the more you're taxed. This will also catch the foreign lorries coming to the UK, using the roads but paying no road tax, assuming they fill their tanks here.
I know exactly what I put and what I meant.To make tax avoidance illegal would require a change to just about tax law going.
I hope you are not confusing it with tax evasion which is illegal.
I know exactly what I put and what I meant.
I thought your op was quite clear, ??Come on lads, I was hoping to keep this calm, collected and perhaps considered, which is why I said “1” change to the budget. There has to be no explaining of ones choice needed
not for me. I already pay 40% tax and don't wish to pay any more
Make the rate of income tax in line with your handicap …. the lower your handicap, the less tax you pay.
Rate it on KwH?
Follow the lead of the progressive countries and remove VAT from sanitary products.
yes, but your point a second ago was that people would be apprehensive to spend, and on this occasion they would Be right to be so.
do we want to trick peope into spending money as acts all it is, when t
here are likely massive redundancy/sackings around the corner?
Ditto, I don't work weekends as I'll basically be working for half the overtime rate once it's had deductions. Not worth getting out of bed for imo.
It was removed on Jan 1st 2021. They couldn't remove it earlier for reasons that the date should give away.Follow the lead of the progressive countries and remove VAT from sanitary products.