The Labour Government

Haven't they already said they're going to go after as much of the Covid fraud as possible, and are setting up a Covid fraud commission to do this?

As for the Bamford tax case - they've said they'll target the tax gap (https://labour.org.uk/updates/stori...n-on-tax-dodgers-to-fund-our-schools-and-nhs/), but given that's a case that the HMRC have been investigating for some time (and I assume is still open), pretty sure she doesn't have the power to announce that she's decided he's guilty and take the money today.
The **** is guilty, freeze his assets and seize all his land and sell it off, fuck the ****, he ran away overseas so should forfiet it all.

Will never happen because for any government it's esier and lazier to cut something short term.
 
Dear oh dear, you are hurting. You said they wouldn't budge but what you meant to say was the Tories were not prepared to be grown up and even attempt to sort it.

Oh, my daughter works in the NHS so stop trying to be clever thinking you know it all
And what's your point?
 
That will be extremely unfair on people who have worked hard and paid tax on all their earnings, they make the sacrifice only to be taxed again on the same money. As always it's the middle earners who will suffer. The wealthiest will no doubt not won't kop for much as usual.
I don't know where this idea comes from that pensioners are being "taxed again" because they have to pay income tax on their private pensions. You get tax relief on your pension when you put the money in, and then pay that tax back when you claim the pension (in most cases, at a lower rate than they would have paid when working). It's basically a way of deferring your tax until later.
 
That will be extremely unfair on people who have worked hard and paid tax on all their earnings, they make the sacrifice only to be taxed again on the same money. As always it's the middle earners who will suffer. The wealthiest will no doubt not won't kop for much as usual.
What are you on about. Removal of the winter fuel payment from those that don’t need it is hardly a tax hike. It’s a benefit cut that Tories should be delighted about.
 
They won't take away the whole 12 k ,but they might say that you already have an income of £10 k from a private/works pension, so you don't need the full state pension, therefore we reduce your state pension to 8k.
Labour has a huge majority in The Commons and they can virtually introduce any legislation they want to.
After all, I don't think anyone would have guessed that they would have scrapped WFP , it's come completely out of the blue.

If that happened I believe there would be uproar of gigantic proportions.
 
If that happened I believe there would be uproar of gigantic proportions.
Yes, I agree with your statement.
But we have already had huge changes to the state pension in the last decade.
Women who were born in the 1950s ,and were expecting to get their state pension at the age of 60 are now having to wait until they are 66, and soon it will be 67.
And my older brother in law,who gets a very respectable police pension ( he did 30 years with Devon and Cornwall police 1974- 2004) was slightly pissed off that he only gets the basic state pension,which is a few hundred pounds a month less than what I get from my new state pension.
So nothing would surprise me.
As someone has already stated on this thread, people born at the start of the 21st century may not get any state pension at all.
 
Yes, I agree with your statement.
But we have already had huge changes to the state pension in the last decade.
Women who were born in the 1950s ,and were expecting to get their state pension at the age of 60 are now having to wait until they are 66, and soon it will be 67.
And my older brother in law,who gets a very respectable police pension ( he did 30 years with Devon and Cornwall police 1974- 2004) was slightly pissed off that he only gets the basic state pension,which is a few hundred pounds a month less than what I get from my new state pension.
So nothing would surprise me.
As someone has already stated on this thread, people born at the start of the 21st century may not get any state pension at all.
Then they will not save unless they are very wealthy and take welfare instead.
 
I don't know where this idea comes from that pensioners are being "taxed again" because they have to pay income tax on their private pensions. You get tax relief on your pension when you put the money in, and then pay that tax back when you claim the pension (in most cases, at a lower rate than they would have paid when working). It's basically a way of deferring your tax until later.
I'm not putting more into my pension now just to give it to some prat government who decides to move the goalposts in 30 years time. Patching up years of government overspending shouldn't be our problem. If they need to find £20bn then all they have to do is cancel projects like HS2, nobody wants it so it's very easy.

A pension is a horrendous investment vehicle if it's subjected to further taxation because it means less gains and lost retirement sums so people will therefore just put less into it.

It's like changing the rules to make ISAs subject to tax, what would be the point in an ISA then? You'd do better just sticking your money in the bank getting 0.5%.
 
I'm not pleased about losing my winter fuel payment but this is what happens when politicians are manipulated into making unrealistic pledges not to touch the main taxes. You can expect more of the same, instead of basic tax going up to (say) 22p.

Income tax is the fairest tax, although it would be a lot fairer if fewer cunts dodged paying it.

The other thing is, there should be more focus on taxing assets. I have argued before for Land Value Tax, but the problem is the Norman families would kick up a fuss, and the Daily Mail would tell us every pensioner would be taxed on their garden. So it's hard to do politically.

As for Bamford, if he really does owe £500,000,000 in tax, it's a fucking scandal and he should have all his assets sequestrated. But the other scandal is why was it allowed in the first place. HMRC would be on to me like a ton of bricks if I owed £100. I know that from experience.
 
I don't know where this idea comes from that pensioners are being "taxed again" because they have to pay income tax on their private pensions. You get tax relief on your pension when you put the money in, and then pay that tax back when you claim the pension (in most cases, at a lower rate than they would have paid when working). It's basically a way of deferring your tax until later.

I'm not putting more into my pension now just to give it to some prat government who decides to move the goalposts in 30 years time. Patching up years of government overspending shouldn't be our problem. If they need to find £20bn then all they have to do is cancel projects like HS2, nobody wants it so it's very easy.

A pension is a horrendous investment vehicle if it's subjected to further taxation because it means less gains and lost retirement sums so people will therefore just put less into it.

It's like changing the rules to make ISAs subject to tax, what would be the point in an ISA then? You'd do better just sticking your money in the bank getting 0.5%.
Exactly. A pension is a lifetime financial commitment. And both parties come along every five years or so and move the goalposts in an effort to screw more money out of people who are working hard and doing their best to make the best of things they can. It’s immoral. Might as just as well piss it up the wall and then sit back and collect the state handouts and benefits.
 
Income tax is the fairest tax, although it would be a lot fairer if fewer cunts dodged paying it.

I have always thought rather than giving individuals with "complex tax issues" breaks its should be simply - right you earned £2m last year give us 40% then employ and accountant to explain what you think we need to give you back. Would make people think.
 
I don't know where this idea comes from that pensioners are being "taxed again" because they have to pay income tax on their private pensions. You get tax relief on your pension when you put the money in, and then pay that tax back when you claim the pension (in most cases, at a lower rate than they would have paid when working). It's basically a way of deferring your tax until later.
I don't know where this idea is that I was talking about pensioners?
 

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