Why should you freeze your ?????????? off when you can afford to live elsewhere.? And even with these people with oversea banks they are still taxed when it enters the UK. I dont blame him. Like Terpe said he is lucky to have a choice,
Why should you freeze your ?????????? off when you can afford to live elsewhere.? And even with these people with oversea banks they are still taxed when it enters the UK. I dont blame him. Like Terpe said he is lucky to have a choice,
Taxes are a really tricky subject. Tax the top earners enough to run the country, but not too much so they leave.
The amount the 50% tax band raises is not worth the effort to track and gather it. i.e. it is a waste of time. Accountants manage their income down to £150k. At 40% a person earning 150k a year is paying around £60,000 a year in taxes and NI. How much more should they pay?
http://www.bbc.co.uk/news/business-17465733
That argument is normally put forward by people on £150k+ per year. I fully understand the necessity of having a sensible tax policy but in a time of austerity when everyone is expected to tighten their belts this government hands the top earners a 5% reduction in tax. I don't consider that fair.
This government has dragged middle income earners like myself into the 40% tax bracket now by lowering the Thresholds and yet somebody on £500k is now being handed a big lump back in April.
Just my opinion.
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