The current AVERAGE Tax Burden is 70% !!!! If you include Employers NI, which they could pay to their employees rather than the Gov, plus all the other taxes we pay in our lifetime ( VAT, Stamp Duty, Student Loan etc) it reaches 70%… And it’s still not enough for them!!
You should be rich and buy property, land, shares and other such things that are not Vatted. Then get er an accountant to turn you into a company and avoid income tax. Then get non domicile resident tax status and avoid all tax.
The burden placed on sectors like hospitality is outrageous. Heavily taxed already, now covering not only the huge increase in our own wage bill, but that of our suppliers too (eg. food retailers will just pass on costs). Yet we'll struggle to raise our own prices, with our customers hit by inflation themselves and competing with the likes of Tesco (no VAT on food sales) and Airbnb (no prizes for guessing how much tax they pay).
We have always paid to support the generation that went before, just as those who we now support. Maybe we would be better to not waste the money on those that come here illegally.
There whole strategy for raising money was based on growth and raising some taxes. My fear is we could go into recession with more businesses closing and jobs lost. Direct tax or indirect tax - man in the street ultimately pays. Let face it we were conned at the same time we wanted the other lot gone. What it shows is we have very few professional politicians with the right experience and skills. I listened to the Beatles tax man this morning from the 60’s - not much has changed. So here we are 6 decades on and when you look back there aren’t too many governments that did this country good.
That already happened under the Tories. High streets totally collapsed under Cameron, May, Boris, Truss and Sunak. Rich did extremely well. Must be a coincidence.
Work is selling your effort for something you don't want to do in exchange for money. If you enjoy your work it's not work - & you're very, very lucky.
No it's not. We're leaving. We have left tenants needing to find jomes, employees needing to find jobs, and a large tax hole needing to be filled. We'd had enougj of tax, waste, woke and cultural disintegration. We have moved to a beautiful country with low tax, high trust, and a functioning social system with no crime and grwat state schools. There are othwr options and we jope others will take them.
The current AVERAGE Tax Burden is 70% !!!!
If you include Employers NI, which they could pay to their employees rather than the Gov, plus all the other taxes we pay in our lifetime ( VAT, Stamp Duty, Student Loan etc) it reaches 70%… And it’s still not enough for them!!
You should be rich and buy property, land, shares and other such things that are not Vatted.
Then get er an accountant to turn you into a company and avoid income tax.
Then get non domicile resident tax status and avoid all tax.
Tax on jobs is a tax on growth there is no way around it. Even then the reason for growth is to get out of the austerity doom loop.
The burden placed on sectors like hospitality is outrageous. Heavily taxed already, now covering not only the huge increase in our own wage bill, but that of our suppliers too (eg. food retailers will just pass on costs). Yet we'll struggle to raise our own prices, with our customers hit by inflation themselves and competing with the likes of Tesco (no VAT on food sales) and Airbnb (no prizes for guessing how much tax they pay).
This isn't just a tax raid. I think it's time that liar Starmer came out and said who will be buying the farm land that will be forced on the market.
Bill gates
@@mattyr40 he's certainly bought quite a bit in the states and I don't think it's because he wants an allotment
We have always paid to support the generation that went before, just as those who we now support. Maybe we would be better to not waste the money on those that come here illegally.
There whole strategy for raising money was based on growth and raising some taxes. My fear is we could go into recession with more businesses closing and jobs lost. Direct tax or indirect tax - man in the street ultimately pays. Let face it we were conned at the same time we wanted the other lot gone. What it shows is we have very few professional politicians with the right experience and skills. I listened to the Beatles tax man this morning from the 60’s - not much has changed. So here we are 6 decades on and when you look back there aren’t too many governments that did this country good.
The first thing labour should do is change their name, they are full off lords, dames, and their leader is a sir
Sack half the civil service for starters
That already happened under the Tories.
High streets totally collapsed under Cameron, May, Boris, Truss and Sunak.
Rich did extremely well.
Must be a coincidence.
What nonsense
Work is selling your effort for something you don't want to do in exchange for money. If you enjoy your work it's not work - & you're very, very lucky.
Thatcher saud she wouldnt double the then 8% VAT.
She put it up to 15% and then 17.5 and now 20 and on a much wider range of products.
No it's not. We're leaving. We have left tenants needing to find jomes, employees needing to find jobs, and a large tax hole needing to be filled. We'd had enougj of tax, waste, woke and cultural disintegration. We have moved to a beautiful country with low tax, high trust, and a functioning social system with no crime and grwat state schools. There are othwr options and we jope others will take them.
I knew Labour would be utterly shit.
Radio times …..you need to buck up , hardly any followers compared to indépendants !