29 Aug 2024

UK taxes - NOT amateur radio

No matter how you voted in the UK, the present government has some big issues in the short-term. Basically it needs more tax to cover the things it wants to support and to pay debt interest. 

More people are moving away from fossil fuelled vehicles. Electric cars are still very much in the minority, but I still see 5 times more than just a few years ago. In the end, most will move away from fossil fuels, but this will generate less tax income. One suggestion was a charge per mile driven instead.

There is a lot of controversy over the winter fuel allowance. At the moment we all get it whether very poor or very rich, but current plans are to stop this totally unless you get pension credit payment. Why not increase the tax free allowance so those in the greatest need pay less tax? They could keep the tax boundaries so those on higher income pay more?

Surely a very high tax on big land owners is sensible? They can easily afford to pay.

Also, a very small tax on all share trades would be unlikely to impact the poorest, but would hardly affect the richest?

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