The latest Budget could well prove to be the final nail in the Labour Government's coffin as far as many voters are concerned.
Among other reasons the proposed additional higher income tax rate of 50% and yet further layers of complexity adding to what is already a hideously complicated tax regime must have had the Government's opposition doing cartwheels.
The Smart Frog is no political commentator and any comments about the Labour Government are solely based on his views of the UK tax system. He speaks as he finds. And sadly what The Smart Frog finds is a tax system more unfathomable and incoherent than at any time in a tax career that spans over two decades.
He has expressed the view on numerous occasions that the tax system needs to be straightforward enough that the vast majority of taxpayers can understand how their tax bills are calculated. What the latest Budget suggests is that this will never happen under the present Government, because simplicity does not seem to be on their agenda.
Ah well, at least is does keep those pesky tax advisers in a job, so it's not all bad...
Among other reasons the proposed additional higher income tax rate of 50% and yet further layers of complexity adding to what is already a hideously complicated tax regime must have had the Government's opposition doing cartwheels.
The Smart Frog is no political commentator and any comments about the Labour Government are solely based on his views of the UK tax system. He speaks as he finds. And sadly what The Smart Frog finds is a tax system more unfathomable and incoherent than at any time in a tax career that spans over two decades.
He has expressed the view on numerous occasions that the tax system needs to be straightforward enough that the vast majority of taxpayers can understand how their tax bills are calculated. What the latest Budget suggests is that this will never happen under the present Government, because simplicity does not seem to be on their agenda.
Ah well, at least is does keep those pesky tax advisers in a job, so it's not all bad...
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