Tag Archives: tax policy

Opinion: Fairer taxes

You don’t have to talk to many people about tax these days before someone brings up how unfair it is that some of the biggest international companies and brands seem to be able to find ways of getting out of paying any.

And at the same time, many people are themselves feeling the financial squeeze in their own budgets.

So in preparing new tax policy for the party to debate at autumn conference, we have worked to create a fairer balance: a tax system which helps those on low and middle incomes, and ensures that the richest companies and individuals …

Posted in Op-eds | 26 Comments

That ‘jewelry tax’ proposal

Jewellery shot for RK Jewellers 01“Now they want to tax jewellery: New Lib Dem wealth plan to target ALL assets” screamed a headline in the Mail on Sunday yesterday, warning their readers of the latest appalling imposition that Lib Dems in government were about to put upon the public.

“Families will be forced to pay tax on jewellery and other heirlooms under controversial new plans drawn up by the Liberal Democrats. Under the scheme, tax inspectors would get unprecedented new powers to go into homes and value rings, necklaces, paintings, furniture and other family treasures.” they said. If you really want to, read the full article here.

Posted in News | Also tagged and | 21 Comments

Is bringing back the 10p rate band such a good idea?

It is hard to believe that it has been five years since Gordon Brown announced the abolition of the 10p rate band, and I am as surprised that it has taken until now for someone to suggest reintroducing it.

At Conservative Home, Robert Halfon MP argues;

Restoring a 10p rate of income tax, between £9,205 and £12,000, would cost around £6 billion a year according to the House of Commons Library. This is significantly cheaper than raising the personal allowance to £12,500 (which could cost as much as £14.4 billion). It also has the advantage that it would benefit all workers,

Posted in News | Also tagged | 19 Comments

Why is the UK government encouraging companies to use tax havens?

Plans by the government to change Controlled Foreign Companies (CFC) rules are threatening to deny the developing world billions of pounds in tax revenues. The current CFC rules discourage UK companies from using tax havens, by requiring them to pay UK levels of corporation tax whether they are based in the UK or abroad. This system discourages the practice of profit shifting and protects the tax incomes of both the UK and developing countries.

The changes were proposed in the Budget earlier this …

Posted in Op-eds | Also tagged and | 8 Comments
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  • User AvatarMichael BG 23rd Jun - 2:20am
    Firstly we need to recognise that it is unlikely we will be in the EU and have mass immigration from the EU into the UK....
  • User AvatarMatthew Huntbach 23rd Jun - 2:00am
    Lorenzo Cherin Your comments suggest you have no idea whatsoever of what the real SDP and real Liberal Party were like when the two merged....
  • User AvatarMichael 23rd Jun - 1:59am
    @ Paul Holmes Lord Ashcroft polling has Brexit has the top issue . clearly this is both pro and anti brexit. 28% against 19% for...
  • User AvatarEddie Sammon 23rd Jun - 1:44am
    By the way, I want to praise Norman's call for a new kind of politics that rejects abuse, aggression and name-calling. This is a vote...
  • User AvatarJames Pugh 23rd Jun - 1:24am
    Negative campaigning is a campaigning technique that does work, but like all campaigning techniques, will deter some voters. Just as message repitition works (sometimes, or...
  • User AvatarTom 23rd Jun - 12:16am
    Interesting article. But I'm afraid adult, co-operative politics requires everyone to be co-operative. Or at least more than one party. And we're just not there....
Sat 1st Jul 2017