What is labour coming for next?

[MikeRafone]

I reckon after 12 years of dozen fuel duty that drivers will be next

what tax will the collect next to fill the black hole

No-one pays road tax. It's vehicle tax.

Technically in the UK I think it's VED and Fuel Duty.

The previous government had already announced the end of VED free vehicles. Even electric ones.

https://www.gov.uk/guidance/vehicle-tax-for-electric-and-low-emissions-vehicles

I don’t believe that individuals will move on a large scale to avoid increased taxes. Most of Europe pay more than we do already and their economies seem to work.

This is the whole point really. It isn't about what is collected as much as it is about it being administered properly. I don't have much faith in any of them, but the last lot proved they couldn't run a bath let alone an economy.

Has anyone mentioned free prescriptions for over 60s? I imagine they will be next, also eye tests possibly.

Your post is interesting. At one point in the run up to the election I heard Nigel Farage saying that the NHS needs over-hauling. I don't remember whether he said no more money or a bit more money, but he was definitely advocating inspection of it and re-organisation. Now and again on threads about the NHS I have read that sentiment from NHS workers.
Will anyone start the programme that you advocate? Did Labour put it in their manifesto?

I agree 100%.

Nigel Farage and Reform want to get rid of the NHS and have an insurance scheme instead. They say like France, but France spends much more on health per head than we do, so it would cost far more.

speaking as an ex NHS employee both clinician and manager I agree heartily with the root and branch overhaul of the NHS. I'd like to say no more money till its done but recognise that this is probably not feasible

This doesn't have to be large scale.
There are 74k non doms in the UK (or there were at the end of 2023). Labour expect them to pay £5.3bn. If only small % of the top ones leave (as they do now), it's already a significant loss.

The same re PS VAT - 15% moving to state will be sufficient to become net loss.

Small % of top earners retiring early or reducing their hours or indeed emigrating will be a huge loss to HMRC.

And you don't even need to move that far - Italy offers flat rate of 100k tax for non doms. Few similar places in nice European countries like this.

What needs to happen with the NHS is the removal of the private sector. It won't though. But it wastes so much money.

we will agree to disagree on that one

Which corporations are those?

There are some good suggestions here: https://taxpolicy.org.uk/2024/08/01/how-could-rachel-reeves-raise-22bn-of-tax/?utmsource=substack&utmm_medium=email

I would have been happy to pay NI when I worked 2 yrs past retirement age - seemed daft to stop collecting it. And.... (in a little squeaky voice)...I will be very upset if she does away with my concessionary bus pass as has been mentioned, won't be able to have the heating on and won't be able to get to the library to enjoy theirs! Perhaps stop them for new retirees who haven't had time to get used to the freedom you get....wow, that's a very selfish suggestion of mine, sorry, and think this is on the wrong thread as well 😟

We definitely need global rules on tax for corporations and for non-doms, otherwise they do just have the option to move to wherever is offering them a better deal and it quickly becomes a race to the bottom.

Given how they control the media and politicians though, mostly in order to prevent exactly this kind of stuff, I don't hold out much hope.

Globalisation is not the good thing we keep being told it is.

Are you implying that most aren't doing everything they can to avoid paying tax? It's one of their prime directives.

@RationalityIsHard yes that is what I'm implying. The tax gap is primarily focused in the small business / sole trader bracket. I'm
not aware of any large business paying "fuck all tax." Large businesses are required to report at length on the taxes they pay and the jurisdictions in which they pay them.

Really? Well I guess we're all free to believe what we want. I can only presume you are reading different news articles on corporate tax and business practices than me.

@RationalityIsHard I'm reading the UK tax gap report published annually by HMRC. Latest version is here: www.gov.uk/government/statistics/measuring-tax-gaps

Large listed companies / groups are subject to external audit. They are also threatened with criminal sanctions for failure to prevent facilitation of tax evasion. In the UK they have to publish tax strategies setting out their approach to managing tax risk. They are also subject to annual audit by HMRC via the Business Risk Review process.

I'm always interested to hear about any large corporates who have tax avoidance as a stated objective (tax avoidance being the "bending the rules of the tax system to try to gain a tax advantage that Parliament never intended" - as defined by HMRC).

Am I right in thinking that non doms are by definition migrants?
Will the EDL be rioting outside their homes next?

AvrielFinch · Today 16:47
What needs to happen with the NHS is the removal of the private sector. It won't though. But it wastes so much money

How does the private sector waste money?
Removing the private sector would put even more of a burden on the NHS.

No one is talking about tax evasion or even tax avoidance particularly (which I believe is legal). I have little doubt that the vast majority are acting perfectly legally according to the laws in whatever jurisdiction they happen to trade in. For what that’s worth.

@RationalityIsHard on that basis you can't blame companies for following the law. Companies can't overpay tax (if they did that the overpayment would probably constitute some sort of charitable donation and HMRC would have the problem of being "unjustly enriched"). If you don't like the current tax laws, petition the government & your MP.