What small change do you want from the new government?
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All Inherited Annuities should be Tax-Free
Last December budget announced that provided the annuitant died under 75, spouse’s pension would be paid tax-free if the first payment was on or after 6 April and died before the budget. For fairness this should be extended to everyone with the only restriction that the spouse died under 75.0 -
Remove tax free allowance from non UK residents
If you are foreign and come from outside the UK then you should not be entitled to the tax free allowance. All income should be taxed at 20% up to 40% rate.0 -
Anyone wanting to buy property who is not a UK resident should pay 2 or 3 X the stamp duty that UK residents pay. It is appalling that foreign investors are buying UK homes and have never even visited the UK!0
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Where one partner works and one stays home, there should be 2 tax allowances.
Acknowledging both partners to be equal, whether working out or within the home.
To qualify, the employed wage should be divided and paid equally to each partner with equal allowances and taxes paid.
This would help those who wish to stay home (maybe to fill a caring role) and open up those jobs to those who wish to work.
The self employed do this already, and we know MP's 'employ' their spouses.
What do other think?:0 -
Scrap TV license for Media Tax.
Scrap the nearly £13 per month TV license for around £8pm media tax put on broadband subscription. Make telcos collect it. People pay less and better, wider collection and scrapping licence authority should mean Trust gets the same amount. Everyone happy.0 -
If a couple worked all their lives and paid into their pensions and one of them dies before they are 75 then the survivor, usually the widow, is paid approximately half. The maximum paid out on full pension to the husband would be 10 years which isn't much after paying in for 40+ years. It would be a fairer system if the widows portion was then paid tax-free for everyone.0
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Proceeds from the sale of the £120K flat our Mother(93), thought would be our inheritance, is being reduced by £2800.00 per month since Mum went into a care home two years ago. Care is free to anyone having £16,000 or less.
Advice: Rent and Spend, as your property could be sold to cover Care home costs!!!0 -
Require P2P systems to offer the option of interest net of basic rate tax as well as gross. This would simplify personal tax returns and encourage more people to consider P2P, thus increasing capital flow in the economy.0
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All banks and building societies to show clearly at the top of statements and webpages what the current interest rate is on that particular account. NOT having to click away to another page to find it, NOT hidden away in another click - always clearly shown at top of information. They can do it, they just don't want you to know.0
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Put England & Wales on Central European Time. Daylight saving would result in large savings in electricity bills and the dreaded putting the clocks back in the Autumn would cease. Long Summer evenings, such as Scotland already enjoys, would be beneficial to sports and pastimes and indeed the health of the Nation generally0
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