Health and social care tax

[jamesbrown]

The penalty for crypto traders is, well, they're crypto traders.

[Fraidycat]

Any changes to Capital Gains tax?

So, the person living on rental income, selling shares, crypto, property or other assets, pays not £1 more than they did before?

Not sure about rental income. But tax revenue from CGT is pretty small in the big scheme of things, increasing it by 1.25% would have raised hardly anything, even increasing by 12.5% wouldn't raise much either, and such a big increase in CGT might even raise less money as people wont dispose of property if they face a 40% tax hit. 28% is bad enough.

Google says the government raised over £800 billion in tax revenue, only £10 billion comes from capital gains tax. While £208 Billion comes from Income tax and £150 Billion from NICs. And £161 Billion from VAT.

[_V_]

The penalty for crypto traders is, well, they're crypto traders.

More uninformed opinion. Have fun staying poor! ™

[jamesbrown]

More uninformed opinion. Have fun staying poor! ™

Have fun staying thick!™

[TwoWolves]

I suppose people are now wondering what happened to the "level up" that we were hearing about around the election, well I think that walked out the door with Cummings. Even if you didn't like Brexit, he had some good ideas - sadly never realised.

[dsc]

So where's all the fecking £350m each week to give to the NHS after leaving the dreaded EU? Maybe use that pot of money eh? What now, that was all made up?

Seriously they should be all hanged by their balls off of trees.

[Whorty]

So where's all the fecking £350m each week to give to the NHS after leaving the dreaded EU? Maybe use that pot of money eh? What now, that was all made up?

Seriously they should be all hanged by their balls off of trees.

You forget, it's all covid's fault ... if it wasn't for that we'd have that £350m per week

Luckily we have Bojo and his pals to save us

[Andy2]

Right now debate is on BBC parliament on this issue
BoJo is displaying his buffoonery
In this parallel universe , Labour MPs are talking about NHS reforms , BoJo completely ignores it. Labour MP talks about negative impact on jobs due to this extra tax BoJo says there are plenty of jobs.

[vetran]

They have already had a lot of it but the NHS swallowed it and demanded more.

https://fullfact.org/health/nhs-engl...-million-more/

The government has committed to spending £20.5 billion more on NHS England in 2023/24 compared to 2018/19, which works out as £394 million per week more by the end of that period. That’s not the same as £394 million every week between now and 2023/24.

The issue here is that the NHS should reform as Nick Ferrari suggested we should get decent NHS management not more cash.

[WTFH]

The issue here is that the NHS should reform as Nick Ferrari suggested we should get decent NHS management not more cash.

The issue is the amount of money blown on failed programs and outsourcing to Tory donors.

NHS T&T blew £13 billion in its first failed year.
Multiple PPE contracts were given to new companies with no experience, without going to tender.
Ventilators were offered from UK companies, but were rejected in favour of Dyson designing ones.
Shall we go on?