Showing posts with label tax. Show all posts
Showing posts with label tax. Show all posts

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?

5 Jan 2016

Tax return online. Is there a calculation error? - NOT amateur radio

I have just completed my UK tax return online, but I think there is an error with the calculation algorithm when working out interest on bank and building society accounts. I need to double check but I am pretty sure I am being over-charged. If I am right then millions may be owed to people. As I said, I need to check, but I shall certainly write if I am correct. Also, yet again, I got caught by the stupid part asking if you have any other comments to make. It said I had 1 error but would not tell me where the error was. Whoever designed the form needs the sack or re-educating. Surely in this day and age we can expect a free-form form that you can just write in? Surely this is not too much to ask?