Report comes as government faces growing demands for wealth tax to improve health of public finances after welfare U-turn earlier this month
  • Tenebris Nox@feddit.ukEnglish
    16·
    9 days ago

    Good thing too… if those rich people had to pay tax then they’d leave the country. Who would pay all that tax that they don’t pay if they did leave… er… er… it made sense when the posh man said it on the radio this morning and his poshness made me believe it with all my poverty-stricken heart.

  • Rayquetzalcoatl@lemmy.worldEnglish
    8·
    9 days ago

    I stopped freelancing alongside working a full-time job because the one year I did pull in a nice payment for a frankly miserable project, they wanted 50% of it and then the other 50% as “payments on account” because their system assumed I was going to do that well again next year.

    It was the first time I’d earned a decent amount in about five years of freelancing, and the stress of seeing those demands was just too much for me.

    I was freelancing alongside a 40+ hour a week job to get out of debt, but I’ve jacked the whole thing in because it’s honestly just too much stress and too depressing to deal with HMRC.

    Glad those billionaires aren’t being chased or hounded though. Those guys have it tough enough already, what with the uh… Oh, you know… sometimes the maid doesn’t do their pillow exactly how they want!

  • Naich@lemmings.worldEnglish
    8·
    9 days ago

    Yes, but it’s difficult to get tax money out of billionaires because they can afford expensive accountants. Far easier to just squeeze everyone else a bit more.

    • G4Z@feddit.ukOPEnglish
      6·
      9 days ago

      We should tax the accountants out of existence as well.

      Make it more profitable to work for United Republic Inland Revenue.

      • hairyfeet@lemmy.mlEnglish
        5·
        9 days ago

        Make the accountants personally liable for defrauding the state. All of the little deductions like a work van, or home office/physio room start to add up. Small fry for individuals if they get caught, but you multiply it by an accountants entire set of customers’ accounts…

        Does anyone know what happened to Jimmy Carr’s accountant btw?

        • mannycalavera@feddit.ukEnglish
          3·
          9 days ago

          Make the accountants personally liable for defrauding the state.

          Are you suggesting that accountants are deliberately doing something illegal? Or is it more the case that the state has deliberately shitty loop hole hiding laws?

        • apis@beehaw.orgEnglish
          2·
          8 days ago

          Majority of them will be operating within the law, and advising their clients to do legal things.

          Two things are needed: massively ramped up enforcement and reform of the law.

          They might want to introduce an exit tax before bringing in wealth taxes, and to tax unrealised gains by taking a % of shares (or whatever).