So according to HMRC's latest figures released:
The last (2016) 1 year tax gap (the difference between tax due and tax collected) was £36 BILLION!
To put this in perspective that was:
Estimated NHS deficit £2.4 Bn
Disabled Benefits cuts £4 Bn
Reverse cuts to schools £3 Bn
Abolish Tuition fees £10 Bn
Pay for 10,000 more police officers £800 million
Reverse cuts to Council Services £3 Bn
Restore Legal Aid £3 Bn
and still have £12 BILLION left over to reduce the national deficit by.
So much for the tories ideological austerity and their claim there was no magic money tree to pay for JC's Labour manifesto pledges.
|
Reply privately, Reply in forum +quote
or View forums list | |
 |
By *andS66Couple
over a year ago
Derby |
"So according to HMRC's latest figures released:
The last (2016) 1 year tax gap (the difference between tax due and tax collected) was £36 BILLION!
To put this in perspective that was:
Estimated NHS deficit £2.4 Bn
Disabled Benefits cuts £4 Bn
Reverse cuts to schools £3 Bn
Abolish Tuition fees £10 Bn
Pay for 10,000 more police officers £800 million
Reverse cuts to Council Services £3 Bn
Restore Legal Aid £3 Bn
and still have £12 BILLION left over to reduce the national deficit by.
So much for the tories ideological austerity and their claim there was no magic money tree to pay for JC's Labour manifesto pledges.
"
What I find amazing is how they can say how much the uncollected tax is, so they must know who the people or companies are that owe it.
Maybe they should produce a list above a certain amount.
Is some of it payment phasing? |
Reply privately, Reply in forum +quote
or View forums list | |
"What I find amazing is how they can say how much the uncollected tax is, so they must know who the people or companies are that owe it.
Maybe they should produce a list above a certain amount.
Is some of it payment phasing?"
It's really quite simple. All you need to do to end up in this situation is sack the tax collectors, move the tax fraud investigators from HMRC to the DWP and retask them to crack down on benefit fraud and you can ignore the billions a year of corporation tax not being paid by the richest and most profitable multinational corporations (who make big donations to the conservative party and individual conservative MP's) and shout about the pittance being falsely claimed by the poorest in the country. Of course every few years (usually about 6 months before a general election) you can do a 'deal' with some of those corporations where you let them off 100's of billions of pounds in unpaid taxes over years in return for a few 10's of billions in back tax that you can then use to bribe the electorate into voting you in again...
Really quite a good (if totally immoral) wheeze you know... |
Reply privately, Reply in forum +quote
or View forums list | |
"Do you have a link to the report please?
"
http://www.independent.co.uk/news/uk/politics/tory-government-fails-to-deliver-savings-disability-living-allowance-personal-independent-payments-a7712476.html
https://www.theguardian.com/society/2016/may/20/nhs-in-england-reveals-245bn-record-deficit
https://www.theguardian.com/business/2016/oct/20/experts-dismiss-hmrcs-shrinking-tax-gap-estimate
http://www.bbc.co.uk/news/education-39419136
https://www.theguardian.com/society/2017/apr/25/spending-on-council-services-in-england-fell-3bn-in-past-five-years-study-bin-collections-local-government
Enough links for you?
|
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
I'm with you 100% although lets be fair, new labour were not much better in creeping up to multi nationals and billionaire tax evaders.... Hence the instant smearing of Corbyn ( for the record I don't think he's the Messiah)... Maybe just a stepping stone in the right direction |
Reply privately, Reply in forum +quote
or View forums list | |
"I'm with you 100% although lets be fair, new labour were not much better in creeping up to multi nationals and billionaire tax evaders.... Hence the instant smearing of Corbyn ( for the record I don't think he's the Messiah)... Maybe just a stepping stone in the right direction"
New labour under Blair were not socialists. Being politically slightly to the left of Hitler does not make a liberal in the same way as being slightly to the right of Stalin does not make a liberal.
JC is tainted by Blair, and there is no doubt that tone was nothing but a tory wearing a red tie. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"I'm with you 100% although lets be fair, new labour were not much better in creeping up to multi nationals and billionaire tax evaders.... Hence the instant smearing of Corbyn ( for the record I don't think he's the Messiah)... Maybe just a stepping stone in the right direction
New labour under Blair were not socialists. Being politically slightly to the left of Hitler does not make a liberal in the same way as being slightly to the right of Stalin does not make a liberal.
JC is tainted by Blair, and there is no doubt that tone was nothing but a tory wearing a red tie."
.
I like to call them neo liberals and they span the political spectrum both left and right, there the people from universities reared under Thatcherism... There in a bubble no different than the ones they berate only they wield more influence |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"Do you have a link to the report please?
http://www.independent.co.uk/news/uk/politics/tory-government-fails-to-deliver-savings-disability-living-allowance-personal-independent-payments-a7712476.html
https://www.theguardian.com/society/2016/may/20/nhs-in-england-reveals-245bn-record-deficit
https://www.theguardian.com/business/2016/oct/20/experts-dismiss-hmrcs-shrinking-tax-gap-estimate
http://www.bbc.co.uk/news/education-39419136
https://www.theguardian.com/society/2017/apr/25/spending-on-council-services-in-england-fell-3bn-in-past-five-years-study-bin-collections-local-government
Enough links for you?
"
Thanks for these, but I meant a link to the HMRC report where they quote the £36bn deficit. |
Reply privately, Reply in forum +quote
or View forums list | |
"Thanks for these, but I meant a link to the HMRC report where they quote the £36bn deficit."
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/561312/HMRC-measuring-tax-gaps-2016.pdf |
Reply privately, Reply in forum +quote
or View forums list | |
If you look at the graph on the first page of the report and apply a little deductive logic you will spot the elephant in the room that exposes the giant lie the tories have been selling on corporate tax reform over the last 7 years.
Of course you need to be looking at what is in front of you critically, want to see the underlying message and have a rudimentary knowledge arithmetic and economics to spot it. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *oi_LucyCouple
over a year ago
Barbados |
"If you look at the graph on the first page of the report and apply a little deductive logic you will spot the elephant in the room that exposes the giant lie the tories have been selling on corporate tax reform over the last 7 years.
Of course you need to be looking at what is in front of you critically, want to see the underlying message and have a rudimentary knowledge arithmetic and economics to spot it."
That the tax gap has stayed roughly the same, but the percentage of theoretical tax liabilities has dropped, meaning that the Tories having been making some theoretical liabilities vanish by making more tax avoidance possible?
-Matt |
Reply privately, Reply in forum +quote
or View forums list | |
"That the tax gap has stayed roughly the same, but the percentage of theoretical tax liabilities has dropped, meaning that the Tories having been making some theoretical liabilities vanish by making more tax avoidance possible?
-Matt"
That could be one reading of the figures. However I am going with the much more obvious and I think likely.
The reason the % is down is because the corporation tax rate is down thus reducing the potential tax take. The reason the amount of unpaid tax has stayed the same is because the same corporations that were not paying their tax before the reductions are still not paying their taxes in direct contradiction to the claim reducing tax rates for corporations would result in them paying their share.
But then why does that not surprise me in the least? It is all just more tory lies being exposed. |
Reply privately, Reply in forum +quote
or View forums list | |
» Add a new message to this topic
