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Tag Archives: jewelry tax

That ‘jewelry tax’ proposal

By Jeremy Hargreaves | Tue 19th February 2013 - 8:55 am

“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.

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Posted in News | Also tagged spring conference 2013 and tax policy | 21 Comments

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Recent Comments

Tim
@PM. Yes, allowing a LOT more houses to be built would reduce wealth inequality dramatically. We should aim to return to the c1997 price to income ratios - whic...
Peter Davies
and building more houses of course....
Peter Davies
The rising property market contributed more to the impoverishment of the poor than the enrichment of the rich. It is owner occupiers who hold the greatest propo...
PM
@ Tim, You may be technically correct with your argument but it doesn't change the fact that we have become very much more unequal in recent decades. The ...
Mick Taylor
@ColinMurphy. Yes and you could close all the tax loopholes and greatly reduce the huge number of pages in the tax codes that take a highly qualified accountant...