Stealth Taxes

Discussion in 'OT (OFF Topic) Forums' started by Satch, Jun 7, 2006.

  1. Satch

    Satch MB Enthusiast

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    Shocked by this list.

    1997
    1. Council tax increased by 6.5pc
    2. Mortgage tax relief cut
    3. Pensions tax
    4. Health insurance taxed
    5. Health insurance taxed again
    6. Fuel tax escalator up
    7. Vehicle excise duty up
    8. Tobacco duty escalator up
    9. Stamp duty up for properties over £250,000
    10. Corporation tax changes
    11. New windfall tax on utilities

    1998
    12. Married couples' allowance cut
    13. Tax on travel insurance up
    14. Tax on casinos and gaming machines up
    15. Fuel tax escalator brought forward
    16. Tax on company cars up
    17. Tax relief for foreign earnings abolished
    18. Tax concession for certain professions abolished
    19. Capital gains tax imposed on certain non-residents
    20. Reinvestment relief restricted
    21. Corporation tax payments brought forward
    22 Higher stamp duty rates up
    23. Some hydrocarbon duties up
    24. Additional diesel duties
    25. Landfill tax up
    26. Council tax up by 8.6pc

    1999
    27. NIC earnings limit raised
    28. NICs for self-employed up
    29. Married couples' allowance abolished
    30. Mortgage tax relief abolished
    31. IR35: Taxation of personal services companies
    32. Company car business mileage allowances restricted
    33. Tobacco duty escalator brought forward
    34. Insurance premium tax up
    35. Vocational training relief abolished
    36. Employer NICs extended to all benefits in kind
    37. VAT on some banking services up
    38. Premiums paid to tenants by landlords taxed
    39. Duty on minor oils up
    40. Vehicle excise duties for lorries up
    41. Landfill tax escalator introduced
    42. Higher rates of stamp duty up again
    43. Council tax up by 6.8pc

    2000
    44. Tobacco duties up
    45. Higher rates of stamp duty up again
    46. Extra taxation of life assurance companies
    47. Rules on controlled foreign companies extended
    48. Council tax up by 6.1pc

    2001
    49. Council tax up by 6.4pc

    2002
    50. Personal allowances frozen
    51. National Insurance threshold frozen
    52. NICs for employers up
    53. NICs for employees up
    54. NICs for self-employed up
    55. North Sea taxation up
    56. Tax on some alcoholic drinks up
    57. New stamp duty regime
    58. New rules on loan relationships
    59. Council tax up by 8.2pc

    2003

    60. VAT on electronically supplied services
    61. IR35 applied to domestic workers
    62. Betting duty change
    63. Tax on red diesel and fuel oil up
    64. Controlled foreign companies measures on Ireland
    65. Vehicle excise duty up
    66. Council tax up by 12.9pc

    2004
    67. New 19pc tax rate for owner-managed businesses
    68. New tax on private use of company vans
    69. UK transfer pricing introduced
    70. Increase in rate of tax on trusts
    71. Increase in tax on red diesel fuel
    72. Increase in tax on other road fuels (including LPG)
    73. Council tax up by 5.9pc

    2005
    74. Cancellation of stamp duty land tax relief for disadvantaged areas.
    75. North Sea taxation doubled from 10pc to 20pc.
    76. Zero per cent rate of corporation tax abolished
    77. Council tax up by 4.1pc

    2006
    78. Clampdown on trusts and insurance policies commonly used to mitigate inheritance tax.
    79. Increase in vehicle excise duty for SUVs.
    80. Council tax up by 4.5pc
     
  2. glojo

    glojo Hardcore MB Enthusiast

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    Hence the saying

    Born free
    Taxed till death

    John
     
  3. C240Sport97

    C240Sport97 MB Enthusiast

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    the money for all that spending has to come from somewhere ...
     
  4. Alfie

    Alfie Authorised Forum Sponsor Authorised Forum Sponsor

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    For spending read 'squandering'.

    This government is very very very good at stealth taxation. They have raised the art of taxation to a new level. Along with lowering the level of responsibility expected from parents hence the introduction of the ASBO to enforce what decent parents used to do by their normal nature.

    They are nothing but a bunch of hypocratic wasters that line their own pockets (or beds) with their chosen fancy (money, men or women).

    The sooner they are out the better. The two things I will remember about the labour years are; The era of the ASBO and the era of the chav.
     
  5. Vips

    Vips Active Member

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    I wouldn't mind paying my hard earned money in to GB coffers, IF it was utilised appropriately.

    Its, when they start wasting hard earned money on all the MP's up keeps; mistresses; asylum seeking scoundrels who havn't done a days work and never want; and generally wasting money on NHS projects that has had little planning only to be scrapped in the end!!! Thats when I get really cheesed off:devil: and feel like emigrating.
     
  6. nickg

    nickg MB Enthusiast

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    new labour = old labour + spin doctors

    they still loath the wealthy/comfortably off and will p*ss our money away forever if we let them.
    The levels of spending this govt is getting through is an absolute outrage.
    Why the tories aren't pointing this out day after day I do not know.
     
  7. PJH

    PJH MB Enthusiast

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    So 2001 was the good year with only 1 tax increase.

    2007 Home Information Pack
     
  8. DITTRICH

    DITTRICH MB Enthusiast

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    I assume the 1997 pensions tax was actually the abolishion of ACT on dividends (which pension schemes could reclaim from Gordon). Impact £5billion a year x 8 years = £40billion or about 57 millenium domes at £700m each.
    Les
     
  9. Benzowner

    Benzowner MB Enthusiast

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    Same as the last lot then:D :D I am not sure of any elected Labour person being sent to jail, now, waht was the crime????? Fraud I beleive

    The tobacco and fuel tax escalator was also introduced by the last Tory government, or had we forgotten:D Oh and I remember them increasing VAT from 15 to 17.5% to help with their pole tax **** up, only a 16.6% increase which hit everyone poor and well off.

    Lets face it, all of the elected are just a bunch of............I'll let you fill in the dots:D If a Labour government is elected, the local councils are normally Tory or Lib Dem and vise versa. They in turn will try anything they can to make us, in their eyes, low lifes who should not have a brain, think the elected government are not doing very well. They are all just a bunch of hyprocrits imo
     
  10. SimonsMerc

    SimonsMerc MB Enthusiast

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    No taxation without representation!!

    Oh, wait...
     
  11. Pietre

    Pietre Active Member

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    Is that an invitation to a tea party somewhere!
     
  12. OP
    OP
    Satch

    Satch MB Enthusiast

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    And if certain Labour Party "thinkers" get their way a Wealth Tax will be with us as well as the overt Wealth Redistribution effort via the Tax Credits systems.

    To some extent there already:
    http://www.thisismoney.co.uk/tax-ad...ticle.html?in_article_id=408226&in_page_id=78

    and the proposals to reform the Poll Tax system are in effect yet another go.

    But worth noting that every failing Labour Government has tried to introduce one. This is what Denis Healy was up to before that loathesome Labour Government was booted out by Margaret Thatcher:

    "The Government are committed to redistribution of wealth, using the taxation system, and propose a wealth tax as part of an overall reform of the taxation of capital.

    The tax would be charged on individuals only, and would be subject to the same tests of residence and domicile as apply to income tax. Tax would be charged on assets over £100,000, starting at 1%. Owner-occupied houses would be assessed but normal household and personal goods would not. Exemptions are envisaged for farmers, agricultural landlords, and collections of 'national, scientific, historic or artistic importance'.


    They kept up the Wealth Tax line until 1989 when the "New Labour" policy review finally worked out it was not that good an idea. But now it is creeping back in again in various forms by Stealth.
     
  13. dougal74

    dougal74 Active Member

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    The thing I get most bitter about isn't the leadership (or lack thereof) or tax policies of any of the parties. It is that politics appears to be full of people who are pretty rubbish at what they do. From quangos to Govt Departments to the Civil Service, none of them seem to have any decent ideas and administrate services which are in an appalling state.
    Any extra cash spent always seems to end up funding ever bigger "back room" teams without filtering down to where it is needed most.
    I don't think a change of Government can really have much of an impact against this background. In any event, Conservative/Labour/Lib Dem they all lie and spend next to no time doing anything constructive.

    P.S. Apologies to any members who are frustrated employees of any of these branches of government and who share everyone else's disappointment.
     
  14. pilotc182

    pilotc182 Member

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    ...and bless him (after raiding our pensions the moment he walked into the job) - he wants us all to save more for our old age

    Variation on a theme: "Jesus saves"

    Not with what the government leaves me with he couldn't
     
  15. Benzowner

    Benzowner MB Enthusiast

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    Variation on an answere...............and Rooney knocks in the rebound:D
     
  16. DieselE

    DieselE MB Enthusiast

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    Politicians used to be people who had spent some time in the real world and therefore had some idea of what was happening. Given the current levels of pay for MPs, too many people enter parliament straight from university. IMHO that's why they've forgotten that to spend money you first have to earn it. As you implied, all main parties are as bad as one another in this respect.
     
  17. Brian WH

    Brian WH MB Enthusiast

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    Good idea, we will have some of theirs please.;)
     
  18. OP
    OP
    Satch

    Satch MB Enthusiast

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  19. jdrrco

    jdrrco MB Enthusiast

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    Don't get me started!

    Anyone want to buy an estate agency?
     
  20. jeremytaylor

    jeremytaylor MB Enthusiast

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    Speaking as a surveyor, I really cannot see this tax ever working. It will never be trusted by purchasers or their lenders and will rapidly become a worthless piece of paper. Not that I think it will get that far. I think there will never be enough 'Home Inspectors' to do the job, and the whole scheme will be shelved at the last minute. All the independant surveyors I speak to are sitting on the fence with this expectation, it is only the corporates who are being forced to get trained.

    And then there's the HMO registration ...

    On the wider tax theme, I don't object to paying tax as long as it is used efficiently and sensibly. Sure, government is by it's very nature an inefficient beast, but the waste and inefficiency that this government presides over is just horrendous. They are totally abusing any trust they might have had with us.
     
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