Cut My Tax(@CutMyTaxUK) 's Twitter Profileg
Cut My Tax

@CutMyTaxUK

Campaign for lower taxes and a more democratic economy. A project of the Tax Reform Council @TaxReformUK.

ID:1490996394164989954

linkhttps://www.cutmytax.org calendar_today08-02-2022 10:32:26

5,6K Tweets

6,4K Followers

5,2K Following

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Another proud achievement for high tax Britain: taxes are rising faster than in any other major economy.

Main causes: the 30% corporation tax hike, the punitive windfall taxes & the freezing of thresholds

Spending is rising fast too. But public services are getting even worse.

Another proud achievement for high tax Britain: taxes are rising faster than in any other major economy. Main causes: the 30% corporation tax hike, the punitive windfall taxes & the freezing of thresholds Spending is rising fast too. But public services are getting even worse.
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Mr Hunt now has at least another £12b 'headroom' within the OBR straightjacket to cut taxes

His 1st step must be to unfreeze income tax thresholds - estimated to reduce revenues by £11b

A proper tax-cutting strategy can't be sensibly implemented while taxes are being increased

Mr Hunt now has at least another £12b 'headroom' within the OBR straightjacket to cut taxes His 1st step must be to unfreeze income tax thresholds - estimated to reduce revenues by £11b A proper tax-cutting strategy can't be sensibly implemented while taxes are being increased
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UK electricity costs are way above those of our competitors, placing a huge burden on both industry & households, a European Commission report reveals.

The state-imposed additions to electricity bills are effectively a tax on all of us.

UK electricity costs are way above those of our competitors, placing a huge burden on both industry & households, a European Commission report reveals. The state-imposed additions to electricity bills are effectively a tax on all of us.
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More than 8,000 people have signed a new online petition calling for Scottish tax rates to be scrapped and restored to the same levels as the rest of the UK.

You can sign at the link below:

Petitions petition.parliament.uk/petitions/6539…

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Major Indian newspapers warn that wealthy Indians will no longer move to the UK due to the political assault on non doms.

And ones already in the UK are considering whether to move to other countries.

Losing important links with India's booming economy will not be helpful.

Major Indian newspapers warn that wealthy Indians will no longer move to the UK due to the political assault on non doms. And ones already in the UK are considering whether to move to other countries. Losing important links with India's booming economy will not be helpful.
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It is important that when senior politicians call for changes in tax rates that they have at least some idea what they are talking about.

Angela Rayner has never appeared to understand capital gains tax, as this video demonstrates:

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Bad news for all those who believed politicians' promises that electric car owners wouldn't pay car tax.

From April next year owners of new electric cars costing over £40k will have to pay £590 per annum, and that will only go up.

And zero-emission vans will have to pay £335.

Bad news for all those who believed politicians' promises that electric car owners wouldn't pay car tax. From April next year owners of new electric cars costing over £40k will have to pay £590 per annum, and that will only go up. And zero-emission vans will have to pay £335.
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