Originally Posted by
procede
The problem with this is that a lot of tax, like council and road tax, is not based on income and higher incomes also have more deductibles. A fixed percentage will thus effectively lead to higher incomes paying an even lower effective percentage.
But it could be argued that these are indirectly correlated to income?
The larger the house, the higher the council tax band.
The larger the car the more tax you pay (greater engine size, emissions).
Try googling ‘deductibles for UK individuals’ to see how generous they are!
Back to the thread, it looks like cuts across the board after July 10th.
If BA is going to be 25% smaller, will there be similar cuts across The Board too?