Wednesday 10 July 2019

The £37BN Tax Burden - Whither Simplicity?


HMRC has collected £37bn from brand-new taxes that it has introduced over the last decade, according to UHY Hacker Young.

The eight new taxes and levies on business cost £7.6bn in 2018/19, up from £7.4bn the previous year, but UHY Hacker Young warned that the success of these new taxes could lead to more.

Clive Gawthorpe, partner at UHY Hacker Young, said:
Adding new taxes and placing a heavier burden on businesses does not seem to fit in with the Government’s aims to simplify tax.

These new taxes have already brought in billions of pounds in a relatively short space of time. If we want tax simplification shouldn’t we be reducing the number of taxes?

Each new tax adds more and more of a burden on businesses. Given the economic uncertainty perhaps the Government should be holding off on plans for new taxes.

Tax does have to be taxing.

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9 comments:

  1. Just pay what you owe, when you owe it - seemples!

    It's the RAT principle...Right Amount of Tax, at the right time, of course!

    ReplyDelete
  2. Taxation is legalised theft. Seemples!! Not for much longer though.

    The big guy over the pond is bringing back the gold standard. As part of this...

    http://finalwakeupcall.info/en/2019/03/06/qfs-off-world-monetary-system/

    ReplyDelete
    Replies
    1. But will the benevolent extraterrestrials stop Hmrc's vile bullying culture?
      We need to be told.

      Delete
    2. Nothing will change HMRC's vile bullying culture. It's authorised from the very top. Those that have the courage to challenge their violent abuse, coercive control and harassment through civil court proceedings will find that this Department are quite prepared to lie in legal letters (perverting the course of justice) in order to avoid accountability - to the further detriment of their mental & physical health.

      Delete
    3. I realise that I'm wasting my time asking but has @11:00 passed their evidence of Hmrc's perverting the course of justice to the relevant criminal investigation authorities?
      If so what was the result?
      If not why not?
      A sensible reply rather than the usual tirade of abusive "you're a troll/fast tracker/etc" nonsense would be appreciated.

      Delete
    4. I too would like to know what he or she has done about this. Have you passed the evidence you say you have to HMRC's Internal Governance, or to the Whistleblowers website, or the police? If any laws have been broken and you have evidence, it cannot be ignored by amy law enforcement agency.
      There are plenty of employment law solicitors about who offer a free consultation too.

      Delete
    5. @11.00. How about reporting all your evidence to these journalists?
      https://www.icij.org/leak/

      Again, I am not a brown.noing lackey (never have been) but no point going on and on and on about the evidence you have, report it to those above. Their website is pretty good reading too.

      Delete
    6. See that @11.00 is happily posting away on other threads but apparently not prep to respond to our requests.
      Whoda thunk it?

      Delete
  3. Er no taxation pays for things you would rather not until you need them of course like education for your kids roads pensions and hospitals -that line was used by Troup , who knew as much about tax as you or Trump

    ReplyDelete