I think Andy was talking of a straight forward tax system, such you paid the same rate of tax on any income irrespective of the source or how it was earned.
I think Andy was talking of a straight forward tax system, such you paid the same rate of tax on any income irrespective of the source or how it was earned.
I did mean a flat income tax though.
Indeed, and maybe not a straight line, anything that's less complicated. For many years I've wondered what a geometric gross-income/tax-rate curve would look like to be broadly neutral to the UK, compared to all the bends and wrinkles in PAYE/EENI/ERNI rates and limits we have, where most budget tinkering has relatively little effect.
No it isn't. There is a separate rate for energy supply and for some products the rate is zero.
If you pay cash? I've certainly been offered this incentive
Taxation - even from the very start of it - has never worked that way.
If you take a minimum figure everyone needs to live on. Just for the basics. Pay someone that figure then tax them say 10% and they starve. If someone is paid twice that amount and they pay 10% tax - ie double what the lowest paid do - they can still feed themselves.
If you were to control what people were paid too, you could make a case for a flat rate tax.
Remaoners think everyone is as stupid as they are. BIG mistake
HomeOwnersHub website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.