Reply to: Fantasy Tax - What new tax would you invent?

[Protagoras]

I can understand not owning a place but living there but it seems an odd post-divorce arrangement, when she has a home provided by the tax payer too.

MPs should not get tax-payer funded private accommodation.
A hotel dedicated for MPs and their key staff would be a better option.

Re-locating the Westminster parliament to Staffordshire would be a great option to reduce costs.

[willendure]

Perfectly legal when you are divorcing someone and handing over property.

Hopefully the cabinet will divorce her soon too.

[ladymuck]

Perfectly legal when you are divorcing someone and handing over property.

It's quite interesting that the property isn't a primary residence for SDLT purposes but is for Council Tax... I think that's what's failing to pass the sniff test.

I can understand not owning a place but living there but it seems an odd post-divorce arrangement, when she has a home provided by the tax payer too.

[SueEllen]

The tax you don't pay ala Ms Rayner

Perfectly legal when you are divorcing someone and handing over property.

[tazdevil]

The tax you don't pay ala Ms Rayner

[teknokrat]

I would scrap most personal taxes and just have a total income tax. Your total income made up of paye, capital gains, dividends, rents, inheritance, etc.

[ladymuck]

I was been too subtle, it would be in both teams interest to agree to score a quick goal each and then back to the real game. Taxes change behaviour.

Now that surely would be tax evasion. You wouldn't catch a football team doing that

[willendure]

This is meant to be a discussion about fantasy taxes...

Well, it is someones fantasy, although probably not many of us.

[Gibbon]

Genius. Must be applied. You have my vote, now I'm newly enfranchised.

The wages bill for Man U in 2024/25 was £224,733,600. They played 38 matches. So that's a bill of £5,914,042.11 per game. There are 5,400 seconds in a 90 minute game. That's £1,095.19 per second. That 20 second delay in scoring earned the exchequer £21,903.86.

Looking at their stats for last season, only the minute in which the goal is scored was recorded so assuming each goal was scored exactly on the minute, they would have incurred a bill of £164,147,524.21

So, for one game where there's an early score, I agree not much revenue. But looking over a whole season, with all the no-score draws that happen. Kerching!

Sources: https://en.wikipedia.org/wiki/2024%E...ed_F.C._season, https://www.givemesport.com/premier-league-wage-bill/

I was been too subtle, it would be in both teams interest to agree to score a quick goal each and then back to the real game. Taxes change behaviour.

[TheDude]

I would tax people based on the complexity of their tax planning.

PAYE pay the lowest. Those whose arrangements involve trusts and/or cross borders pay the highest.

[woody1]

Ah, it's not the battery, it's the starter motor that'll take the bashing. I've not needed to replace it yet but I bet stop-start-stop cycles will lead to it needing replacement.

Often it's the opposite problem (lack of use) that causes starter motors to play up. That was almost certainly the case with mine. Local garage wanted best part of £300 to change it, so I picked up a used one for 20 quid and fitted it myself.

[ladymuck]

Ah, it's not the battery, it's the starter motor that'll take the bashing. I've not needed to replace it yet but I bet stop-start-stop cycles will lead to it needing replacement.

[Protagoras]

That wouldn't be good for my car. All that turning the engine off and and on every couple of minutes would most likely damage the battery.

Go on, tell me that I should swap my 21 year old car for a new one every three years in the name of the environment...

Not sure why it would damage the battery, as long as it's well charged and not just used for short runs. My main gripe about stop-start on IC engines is the response lag.

You'll get no argument from me re replacing cars for environmental reasons!

I used to keep cars for ages, but unless it's a very old car with simple technology, the cost of keeping cars going has become silly. I got rid of my last car at 10 years / 60k miles only because of the cost of parts. I will admit that the tech in the new car is great.

[ladymuck]

Nah, just stop the engine when stationary. Many cars do this automatically.

That wouldn't be good for my car. All that turning the engine off and and on every couple of minutes would most likely damage the battery.

Go on, tell me that I should swap my 21 year old car for a new one every three years in the name of the environment...

[Protagoras]

That's unfair to those who drive in large towns and cities.

Nah, just stop the engine when stationary. Many cars do this automatically.