Then they can do what they like. This is our money. How dare Lord Hall say its Value for money. I DON'T WANT TO PAY ANYTHING!
THIS IS AN ENTERTAINMENT (?) TAX.
Lord Hall has been keen to argue that the BBC provides value for money and in a speech to the Oxford Media Convention last week he said a BBC survey had shown that some viewers would happily pay between £15 and £20 a month, compared to the £12 currently paid.
If it was your local council paying 6 figure sums to staff they'd soon be sacked. How does the BBC get away with it? It has got to stop. I choos NOT to watch SKy. but they don't cost the taxpayer anything. Let the BBC stand in th ecommercial world I say.
They could provide 1 public service TV and radio channel from general taxation. Let every household be £145.50 better off - we need it for our fuel bills.
Showing posts with label unfair. Show all posts
Showing posts with label unfair. Show all posts
Monday, 3 March 2014
Wednesday, 24 April 2013
Tax system unfair to stay-at-home parents
I'll tell you just how unfair the tax system is to couples on low incomes who want to look after their children. Just look at this example. Why shouldn't the tax system help married couples where one gives up work to raise a family? They should be treated as a unit.
For easy reckoning I'm assuming the Tax allowance is £10k as promised for the next budget. So Man and woman (or civil partnership couples) earning £15k each have a joint income gross of £30k , but each has a £10k allowance so together
that can earn £20k and pay tax on the last £10k, net income £20 tax free.
Now if one chooses to stay at home and look after the children, they lose £10k of tax allowance so even if one is lucky to earn £30k they still only get £10k allowance so joint income is reduced, only £10k is tax free they have to pay tax on £20k.
So I ask is that fair on married couples sacrificing income to bring up children, leaving a job open for someone else but paying TWICE as much tax on the same income.? How is that fair.
Come on Cameron you're Married and a dad. If your income was only £30k what would you prefer?
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Thursday, 8 November 2012
Energy Prices UP - Interest rates for Savers DOWN
So what are we to do? they're all as bad. Energy companies all put their prices up - all Banks put their interest rates down.
Remember on Energy prices (Gas and Electricity, and home fuels) out Government takes 5% VAT and about 7% in the GREEN levy. Green - what they mean is give it to energy companies - as if they don't have enough of our money anyway - to build Wind Turbines which are Useless. If the Wind doesn't blow what do we do? shut off out TV and computers and go to bed?
Did you know 1 small gas fired power station is equivalent to 5000 Wind Turbines - YES 5000. So how many turbines would it take to power the country? I think we'd need one per person and then we have to have Gale Force winds to get the power (oh I forgot they don't generate in Gales either).
I wrote to my MP about the VAT on home fuel, he sent it on to the Minister who replied (after 2 months) with baloney about Duty on Petrol and Diesel. So it proves they haven't a clue what they're talking about.
I've said before - VAT on home fuel is the most unfair Tax hitting the poorest hardest. You can't avoid paying it, even if you try to economise usually you're on the most expensive tariff because they discount it the more you use, so the rich folk get fuel cheaper. Isn't this always the way? Millionaires don't pay 45% tax, they get accountants to come up with ways to avoid paying.
Remember on Energy prices (Gas and Electricity, and home fuels) out Government takes 5% VAT and about 7% in the GREEN levy. Green - what they mean is give it to energy companies - as if they don't have enough of our money anyway - to build Wind Turbines which are Useless. If the Wind doesn't blow what do we do? shut off out TV and computers and go to bed?
Did you know 1 small gas fired power station is equivalent to 5000 Wind Turbines - YES 5000. So how many turbines would it take to power the country? I think we'd need one per person and then we have to have Gale Force winds to get the power (oh I forgot they don't generate in Gales either).
I wrote to my MP about the VAT on home fuel, he sent it on to the Minister who replied (after 2 months) with baloney about Duty on Petrol and Diesel. So it proves they haven't a clue what they're talking about.
I've said before - VAT on home fuel is the most unfair Tax hitting the poorest hardest. You can't avoid paying it, even if you try to economise usually you're on the most expensive tariff because they discount it the more you use, so the rich folk get fuel cheaper. Isn't this always the way? Millionaires don't pay 45% tax, they get accountants to come up with ways to avoid paying.
Labels:
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Thursday, 21 June 2012
Tax Avoidance - I wish!
I say good luck to Jimmy Carr, if he's not broken any laws?
He's just one and has done well in life. Even at 20% what woudl he owe the treasury?
What about us lower paid folks we toil year afte year and give over 30% of our income to beloved HMRC (yes add Tax and NI -basically another tax). Is this example fair - I ask you.
My friend has worked for over 30years and never earned enough to pay Higher rate tax and indeed is below the national average wage. His wife doesn't work - their choice agreed - but deem they can manage on his income. So his mother dies and he inherits her estate. Not enough for Inheritance tax (he wishes) but a nice little bungalow - a bit tired. So after sorting out wills, affairs etc puts said Bungalow on the Market. Lets say £200k. it take 3 years to sell and in fact he gets only 150k but this is in fact £30k more than the value when she died, a gain of £30k. So HMRC want him to pay CAPITAL GAINS TAX. So he fills in his tax return and that year they add it to his income - say £20k making a fantastic £50k in that year taking him into Higher rate tax. Whoopee - now he has to write a cheque to the taxman to cover all this off. Total tax bill £13k!
IS THIS FAIR? If he'd had the full £150k as an inheritance it would be Tax free. Just because there was a time lapse between inheritance and selling the bungalow and it went up by £30k (could have easily been down by 50k if it had happened 2/3 years later).
ITS JUST NOT FAIR. A once-in-a-lifetime event you only get parents dying once and the measly bungalow sells for a small profit and the Taxman grabs £13k because he's been so lucky to "make a profit". He has never and probably never will become a true Higher rate tax payer but that's the rules.
If it was a business or someone like Jimmy Carr it wouldn't even be a pin prick in his income. But HMRC are bullies and the rules applly with an iron fist to the little people.
He's just one and has done well in life. Even at 20% what woudl he owe the treasury?
What about us lower paid folks we toil year afte year and give over 30% of our income to beloved HMRC (yes add Tax and NI -basically another tax). Is this example fair - I ask you.
My friend has worked for over 30years and never earned enough to pay Higher rate tax and indeed is below the national average wage. His wife doesn't work - their choice agreed - but deem they can manage on his income. So his mother dies and he inherits her estate. Not enough for Inheritance tax (he wishes) but a nice little bungalow - a bit tired. So after sorting out wills, affairs etc puts said Bungalow on the Market. Lets say £200k. it take 3 years to sell and in fact he gets only 150k but this is in fact £30k more than the value when she died, a gain of £30k. So HMRC want him to pay CAPITAL GAINS TAX. So he fills in his tax return and that year they add it to his income - say £20k making a fantastic £50k in that year taking him into Higher rate tax. Whoopee - now he has to write a cheque to the taxman to cover all this off. Total tax bill £13k!
IS THIS FAIR? If he'd had the full £150k as an inheritance it would be Tax free. Just because there was a time lapse between inheritance and selling the bungalow and it went up by £30k (could have easily been down by 50k if it had happened 2/3 years later).
ITS JUST NOT FAIR. A once-in-a-lifetime event you only get parents dying once and the measly bungalow sells for a small profit and the Taxman grabs £13k because he's been so lucky to "make a profit". He has never and probably never will become a true Higher rate tax payer but that's the rules.
If it was a business or someone like Jimmy Carr it wouldn't even be a pin prick in his income. But HMRC are bullies and the rules applly with an iron fist to the little people.
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