30% flat rate tax for PAYE and dividends, no NI

[TheFaQQer]

It would take an incredibly brave chancellor to scrap NI and do something like this.

People think they pay a lower rate of tax because they forget about NI, so they will believe that they are going to pay more tax even when they aren't.

I can't see Osborne having the stones to do it - and I don't think anyone else will either.

[TheFaQQer]

Hmmmm, I wonder if we could trust local councils to be fair and just?

Why not - they potentially then have an incentive to entice people from other areas to come and spend. Kind of like American state taxes, which encourage people into the state to spend.

[Gonzo]

Kind of like American state taxes, which encourage people into the state to spend.

That's the American way.

The British way would be to put up border controls to stop the citizens going out into the next region to spend, or at least stop them bringing those goods back home.

[TheFaQQer]

That's the American way.

The British way would be to put up border controls to stop the citizens going out into the next region to spend, or at least stop them bringing those goods back home.

I can see that on the Yorkshire/Lancashire border at least

It's a small step on the way to independence for the Yorkist State.

[Old Hack]

I can see that on the Yorkshire/Lancashire border at least

It's a small step on the way to independence for the Yorkist State.

....and on the Cornish/Devon border.

Uproar a few years ago when a Devonian won the best Cornish pasty competition...

and when they tried to jerrymander, sorry, change the parliamentary borders, havign co joined consitutencies in both cornwall and devon almost caused war...

[dynamicsaxcontractor]

Single Tax Rate Of 30% And More Spending Cuts Essential Says Report By 2020 Tax Commission | Business | Sky News

Have we done this?

At a first glance this looks pretty good, it certainly would make life easier. Looks like the loosers here would be the income splitter and the big winners the ones in the higher tax bracket. This would stop all tax planning and you could just get your money out and start spending immidiately, I am up for this....

[Old Hack]

How about companies who like to pay their staff very little, and build up huge amounts in the company, whilst allowing their workers to claim tax credits?

[doodab]

How about companies who like to pay their staff very little, and build up huge amounts in the company, whilst allowing their workers to claim tax credits?

We have some extra sharp pointy sticks to poke them in the bumhole with.

[Old Hack]

We have some extra sharp pointy sticks to poke them in the bumhole with.

Some companies prefer to issue dividends every few years, not all the time. Nothing wrong with that.

I am rather hoping this is still ok.

[Sysman]

I can see that on the Yorkshire/Lancashire border at least

It's a small step on the way to independence for the Yorkist State.

The next question is where to locate the North/South border