Reply to: HOL hearing - 02/03/2020

[Snooky]

I laid flowers outside her house when she died. Very sad day. I got interviewed by foreign news crews.

I'm with Elvis Costello on this

[Speedbird676]

The tax system with its various brackets and different names ( PAYE, employees NIC, employers NIC) are design to obfuscate the overall rate of tax an individual is actually paying.

I've had conversations with educated people who are happy they earn less than the higher rate tax band, because they think they would have to pay 40% tax on everything they earn.

Successive governments talk about moving toward a progressive tax regime, when they actually mean progressing towards an ever complicated tax regime!

For example, in April 2017, the thresholds for Primary and Secondary NI contributions were finally aligned. The rates published last month for 2020-21 show these are due to go out of line again.

[krytonsheep]

Of course yes! Again thanks.

But is the general thinking along the right lines? Remove NI as an entity and chuck the shortfall into Income Tax?

The tax system with its various brackets and different names ( PAYE, employees NIC, employers NIC) are design to obfuscate the overall rate of tax an individual is actually paying.

I've had conversations with educated people who are happy they earn less than the higher rate tax band, because they think they would have to pay 40% tax on everything they earn.

[Lance]

She was indeed very divisive. You can't doubt that she had a long term plan (whatever you may have thought of it) that saw beyond her initial term. Just don't get that any more with politicians. It's all 5 year sticking plasters.

TBF Boris has a 10 year plan. That's it though. That's all he's got.

[Speedbird676]

They held street parties in the north east

Is that the same North East that gave The Tories an extra 8 seats?

[ladymuck]

She was indeed very divisive. You can't doubt that she had a long term plan (whatever you may have thought of it) that saw beyond her initial term. Just don't get that any more with politicians. It's all 5 year sticking plasters.

[BrilloPad]

They held street parties in the north east

I told that to the news crews so I suspect they never used my footage. And I understand the views of those who hated her. She was a very decisive person and it was good she never had a state funeral.

Oddly she thought being equally despised and loved was great - it proved she made a difference.

[Wobblyheed]

I laid flowers outside her house when she died. Very sad day. I got interviewed by foreign news crews.

They held street parties in the north east

[BrilloPad]

Dead

HTHBIDT

I laid flowers outside her house when she died. Very sad day. I got interviewed by foreign news crews.

[ladymuck]

Where is Maggie when the UK needs her?

Dead

HTHBIDT

[BrilloPad]

Well, yes, that too.

Where is Maggie when the UK needs her?

[ladymuck]

I disagree. It needs an overhaul of HMRC.

Well, yes, that too.

[BrilloPad]

There needs to be an overhaul of the entire tax system. Anything less would be just tinkering.

Chuck out rule book and start again. There will be winners and losers and vested interests all over the shop but it needs doing.

Pie in the sky stuff, it'll never happen as no elected person has the gumption to consider anything longer than their parliamentary term.

I disagree. It needs an overhaul of HMRC.

[ladymuck]

It would be a good start if there was a minister appointed to HMRC as there is for other depts.

[eek]

There needs to be an overhaul of the entire tax system. Anything less would be just tinkering.

Chuck out rule book and start again. There will be winners and losers and vested interests all over the shop but it needs doing.

Pie in the sky stuff, it'll never happen as no elected person has the gumption to consider anything longer than their parliamentary term.

This is about the first time since 1997 when a Government could do so and they have far bigger issues at the moment (Brexit would have been enough, the coronavirus adds another big hassle on top).