AFCDorset
Roofer
Evening hackney, I'll have a go at that.
For the sake of the discussion, let us assume that the take from income tax is to remain unchanged. Calculate the rate required to obtain that take as a flat percentage, whatever that is, that is the tax rate. You can also take the opportunity to revise the rules so that anyone who earns money in this country pays, no ifs, no buts, no avoidance or evasion.
I suggested that a PA would help those on low wages and or making a start in working life, SteveYork thinks not, there is an interesting discussion to be had there, I think his point about everyone contributing is a good one, variable tax rates, not so much.
For the sake of the discussion, let us assume that the take from income tax is to remain unchanged. Calculate the rate required to obtain that take as a flat percentage, whatever that is, that is the tax rate. You can also take the opportunity to revise the rules so that anyone who earns money in this country pays, no ifs, no buts, no avoidance or evasion.
I suggested that a PA would help those on low wages and or making a start in working life, SteveYork thinks not, there is an interesting discussion to be had there, I think his point about everyone contributing is a good one, variable tax rates, not so much.