Election 2024

[brb]

The Tories brought in austerity after the global financial crisis and they were nasty murderers who pretty much forced people into suicide.

Labour have come into a market that has not only recently stabilised and is showing positive signs and they’ve attacked pensioners, benefits and the working class man and woman. The response? It needs done and pensioners get enough anyway.

If they only want one term in government they’re going the right way about it.

So far I only see one term, we knew there'd fook it up.

 

[brb]

you didn’t want solutions when I was talking about the long term fix for knifey knifey lol, but yeah I agree that the big targets are the ones to generate more income.

I don’t know what you do about the amassed wealth in property that foreign investors are sitting on. They will say (and quite rightly) that they bought it all legally at the time. The fact that we allowed so much Russian money to get laundered through the city is a symptom of how the rich were afforded a set of rules that the rest of us don’t enjoy.

Labour have said they will end non dom, private school tax breaks and a couple of other tax benefits. There’s around £7bn per year right there, so that can make a fairly immediate difference.

Don't care if the Ruskies bought it legally or not, go kick the front door off and change the locks....or just change the locks all this brutality lately has got me wanting to kick doors off lol - what the Ruskies going to do about it!

 

[Solid Air]

Yeah empty properties are a big problem. Probs shouldn’t have allowed the Ruskies to launder so much money through London when Osborne and his coked up mates were in charge.

Not sure what you do about that now ? Compulsory purchase ? It would cost a ****in bomb to buy them all back.

there are tens of thousands terraced houses sitting empty just need more homes under the hammer types to renovate them or give LA's and or HA's to compulsory purchase them for a pittance in cerain circumstances .

 

[Archers Road]

yeah if you get certain benefits ( i know the main one is Pensions credit ) you still get it .People need to get rid of the idea Pensioners as a group are poor as actually they just aren't anymore and in comparison to workers have been doing very well in the last 15 years

Pensioners in general have never had it so good. Future generations won’t do as well, since final salary workplace schemes are becoming a thing of the past. Meanwhile, I have to wait until I’m 67 to get my state pension (thanks David Cameron).

 

[brb]

It’s always the poor, the sick, and the vulnerable who have to pay, and if you end up needing social care, chances are you’ll have to pay for that, but that's ok because these oldies have never had it so good, so anything they have Starmer will take away from them, first their cold weather payments, then their prescriptions, oh they own a home we'll stick more tax on that to, despite needing it to pay for your social care.

While we'll talk the talk on what should be done against the rich and companies that exploit the system, but in reality do fook all once we are in, because pensioners are the piss easy target.

 

[PINKIE]

It’s always the poor, the sick, and the vulnerable who have to pay, and if you end up needing social care, chances are you’ll have to pay for that but that's ok because these oldies have never had it so good, so anything they have Starmer will take away from them, first their cold weather payments, then their prescriptions, oh they own a home we'll stick more tax on that to.

While we'll talk the talk on what should be done against the rich and companies that exploit the system, but in reality do fook all once we are in.

Non Dom, Private school tax breaks and closing other loopholes is a start. Like I said, there's around £7bn extra per year there.

The rich certainly think that Labour are coming after them, because they are shifting their wealth offshore.

https://www.theguardian.com/busines...x-clampdown-undercover-investigation-suggests

 

[brb]

Non Dom, Private school tax breaks and closing other loopholes is a start. Like I said, there's around £7bn extra per year there.

The rich certainly think that Labour are coming after them, because they are shifting their wealth offshore.

https://www.theguardian.com/busines...x-clampdown-undercover-investigation-suggests

So we are going to end up poorer all round then if the money is being moved out of our economy, which you've also been told in the past and denied would happen. The £7bn might be there, but let me know when Starmer has actually got it, and it's not just a magic number....unlike the pensioners.

 

[brb]

Sorry, I'm forgetting myself, I must give Starmer time.....


To see how much more he can steal from @duggie2000

 

[Solid Air]

Sorry, I'm forgetting myself, I must give Starmer time.....


To see how much more he can steal from @duggie2000

he hasn't "stolen" anything from Duggie rather just decided to stop giving him a birthday present

 

[brb]

he hasn't "stolen" anything from Duggie rather just decided to stop giving him a birthday present

 

[PINKIE]

So we are going to end up poorer all round then if the money is being moved out of our economy, which you've also been told in the past and denied would happen. The £7bn might be there, but let me know when Starmer has actually got it, and it's not just a magic number....unlike the pensioners.

Lol what do you want, Labour to go after the rich or not? A minute ago you were saying they should go after the big targets and now you're complaining about it

Anyway, this is their personal wealth that they are trying to move offshore, not moving investment out of the country which is always the threat when politicians say the rich should pay their fair share.

 

[PINKIE]

he hasn't "stolen" anything from Duggie rather just decided to stop giving him a birthday present

Duggie gonna have to cut back on the Dom Perignon this year after Keir's nicked his winter fuel allowance

 

[brb]

Anyway I thought Keir said he's going after tax dodgers, has he actually caught anyone yet lol. That all seems to have gone deathly silent.

 

[PINKIE]

Anyway I thought Keir said he's going after tax dodgers, has he actually caught anyone yet lol. That all seems to have gone deathly silent.

Ending the Non Dom status and carried interest loophole is part of that. The changes will be systemic, rather than going after particular individuals. I don't think HMRC has got enough staff to chase down individual wealth hoarders, although they seem to do a good job of punishing the little guy if he files his tax return late. Although the serious fraud office could and should be enacted better to deal with serious defrauding of the exchequer.

Anyway, this was from Labour's manifesto

The gap between the amount of tax owed and what the government collects rose to a staggering £36 billion in 2021/22 – an increase of £5 billion from the year before. The number of civil investigations opened into offshore, corporate and wealthy tax fraud opened by HM Revenue & Customs’ (HMRC) has fallen by more than half in five years.

The head of the National Audit Office has recently said that there is £6 billion a year that could be recovered through a concerted effort on tax avoidance.

 

[PINKIE]

And this is how they plan to do it

Labour’s invest-to-save plan will see up to £855 million of additional funding will go to HMRC each year to boost tax income by:

• Bolstering the number of compliance officers working out of the tax office by up to 5,000 to increase the number of investigations, tackle fraud and ensure tax owed is collected.
• Investing in digitisation of the tax office to improve compliance rates and customer services, and free up resources to focus on more complex cases.
• Working with businesses, the tax profession and digital service providers to bring a new focus to HMRC’s modernisation, including greater use of AI – learning from industry and best practice overseas to make sure its scope is ambitious, whilst having new, achievable timescales for delivery.
• The plan outlines legal and regulatory changes that a future Labour government would consider introducing to tackle tax avoidance too, including requiring a wider range of tax schemes to be reported to HMRC under the disclosure of tax avoidance schemes regime.

 

[Solid Air]

Ending the Non Dom status and carried interest loophole is part of that. The changes will be systemic, rather than going after particular individuals. I don't think HMRC has got enough staff to chase down individual wealth hoarders, although they seem to do a good job of punishing the little guy if he files his tax return late. Although the serious fraud office could and should be enacted better to deal with serious defrauding of the exchequer.

Anyway, this was from Labour's manifesto

The gap between the amount of tax owed and what the government collects rose to a staggering £36 billion in 2021/22 – an increase of £5 billion from the year before. The number of civil investigations opened into offshore, corporate and wealthy tax fraud opened by HM Revenue & Customs’ (HMRC) has fallen by more than half in five years.

The head of the National Audit Office has recently said that there is £6 billion a year that could be recovered through a concerted effort on tax avoidance.

you do realise this shows that the last Govt had finally got it together and pulled in a huge increase .

Oh and your whinge at late tax returns

 

[Solid Air]

And this is how they plan to do it

Labour’s invest-to-save plan will see up to £855 million of additional funding will go to HMRC each year to boost tax income by:

• Bolstering the number of compliance officers working out of the tax office by up to 5,000 to increase the number of investigations, tackle fraud and ensure tax owed is collected.
• Investing in digitisation of the tax office to improve compliance rates and customer services, and free up resources to focus on more complex cases.
• Working with businesses, the tax profession and digital service providers to bring a new focus to HMRC’s modernisation, including greater use of AI – learning from industry and best practice overseas to make sure its scope is ambitious, whilst having new, achievable timescales for delivery.
• The plan outlines legal and regulatory changes that a future Labour government would consider introducing to tackle tax avoidance too, including requiring a wider range of tax schemes to be reported to HMRC under the disclosure of tax avoidance schemes regime.

hardly any tax offices still open these days so not sure where that 5000 is coming from .

 

[PINKIE]

you do realise this shows that the last Govt had finally got it together and pulled in a huge increase .

Oh and your whinge at late tax returns

I'm reading that as £36bn was a £5bn increase on LOST revenue from the year before.

And I always file my tax returns on time

 

[PINKIE]

hardly any tax offices still open these days so not sure where that 5000 is coming from .

Probs get all the boat people to do it

 

[Saf]

Non Dom, Private school tax breaks and closing other loopholes is a start. Like I said, there's around £7bn extra per year there.

The rich certainly think that Labour are coming after them, because they are shifting their wealth offshore.

https://www.theguardian.com/busines...x-clampdown-undercover-investigation-suggests

I thought lefties have always said that wouldn’t happen if we go after them?