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

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

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

    Have we done this?

    Corporation tax and capital gains tax would be replaced with a 30% tax on dividends, interest and rent....

    ...Allister Heath, chairman of the 2020 Tax Commission and editor of City AM, said: "It is time for Britain to make a vital choice between tweaking the status quo and letting our economy continue to be crippled by complex and punitive taxes, and drastically changing course with a radical but realistic plan for a tax system fit for the 21st century."
    Science isn't about why, it's about why not. You ask: why is so much of our science dangerous? I say: why not marry safe science if you love it so much. In fact, why not invent a special safety door that won't hit you in the butt on the way out, because you are fired. - Cave Johnson

    #2
    This would be 30% more tax than most pay here.
    <Insert idea here> will never be adopted because the politicians are in the pockets of the banks!

    Comment


      #3
      I'll take that. Seems perfectly sensible to me and no one would be worried about disguised employment any more.
      While you're waiting, read the free novel we sent you. It's a Spanish story about a guy named 'Manual.'

      Comment


        #4
        Originally posted by doodab View Post
        I'll take that. Seems perfectly sensible to me and no one would be worried about disguised employment any more.
        +1
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        Comment


          #5
          Originally posted by doodab View Post
          I'll take that. Seems perfectly sensible to me and no one would be worried about disguised employment any more.
          WHS. Keeps it simple.

          Comment


            #6
            Is this after 'expenses' and 'costs'?

            Comment


              #7
              Originally posted by petergriffin View Post
              This would be 30% more tax than most pay here.
              You haven't read it have you.
              Science isn't about why, it's about why not. You ask: why is so much of our science dangerous? I say: why not marry safe science if you love it so much. In fact, why not invent a special safety door that won't hit you in the butt on the way out, because you are fired. - Cave Johnson

              Comment


                #8
                Originally posted by doodab View Post
                I'll take that. Seems perfectly sensible to me and no one would be worried about disguised employment any more.
                And for that reason it won't happen

                Comment


                  #9
                  It's too simple. Ergo, it won't happen.

                  Comment


                    #10
                    Councils would see their grants from central government cut but would be given new powers to impose local income and sales taxes
                    Hmmmm, I wonder if we could trust local councils to be fair and just?
                    Originally posted by Stevie Wonder Boy
                    I can't see any way to do it can you please advise?

                    I want my account deleted and all of my information removed, I want to invoke my right to be forgotten.

                    Comment

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