If you were to implement a new tax what would it be?

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Janewby@reddit

Aim of taxes should be to encourage things you want as a society and discourage things you don’t want.

Encourage people going to work by moving the tax brackets in line with inflation (stop fiscal drag). Discourage owning multiple homes by making the owner pay the council tax - not the tenant. Then owners of 3+ houses pay a higher rate of council tax.

Rent costs should be on public record to encourage better competition and rent increases can only be inline with inflation.

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MaleficentMany5099@reddit

Antisocial teenager behaviour - tax the parents income, whether welfare or wages

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Sustainable_Twat@reddit

May crime literally pay.

All too often, I see people at a loss due to a crime whereas the offender was let off loosely. I get prisons are overcrowded, but get the offender to financially compensate the victim.

It can be done via an additional 5% tax to the state if no victim is found otherwise it goes the victim.

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Tea_Fetishist@reddit

Some countries calculate speeding fines as a percentage of income, we should do the same. Don't just limit it to speeding, it can apply to plenty of other crimes. If they can't pay up on the spot, it comes out as a percentage of their wages (similar to pensions) until the fine is paid for. Hitting the wallet is scarier than prison time for many people, especially when so many get community service even for quite serious crimes.

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This_Charmless_Man@reddit

I believe speeding fines are a week's wage but I could be mistaken

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Spam_Frittering@reddit

. If they can't pay up on the spot,

Makes me think of my colleague's story (former Trans European lorry driver in the 90s) about being driven to a cashpoint by the Gendarmerie in lieu of an official ticket.

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eraticwatcher@reddit

On a similar note why not do this for parking. There was a clip I saw recently of Anthony Elanga (Nottingham Forest player) parked up on the pavement in Manchester City centre. He’d gotten a ticket as he parked up to go to the barbers which is only £35, £70 if paid after 2 weeks. The punishment for such a high earner should be significantly higher - I’m thinking tens of thousands. That being said all across Manchester people regularly park on double yellows with their hazards on so I’d only want that rule in if they equally punish ones who brazenly park wherever they want.

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Wise-Application-144@reddit

I've always thought we should levy the state's costs upon all successful convictions. £500 for an arrest, £500 for a night in the cells, £5000 for every day in court etc.

You obviously wouldn't manage to recover it from some folk. But it's always seemed weird to me that we go to a lot of state expense to halt wrongdoing and don't attempt to recover any of the costs.

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Few-Role-4568@reddit

I would remove charitable status and business rate exemptions etc. from organised religion.

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WiseBelt8935@reddit

and tax what income? i assume this is aimed at the church

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Few-Role-4568@reddit

I’m aiming it at all organised religion, but as you have mentioned “the Church”…

The CofE has over 11bn in its investment fund. I’m sure it can pay some more tax.

If it can’t afford the bill, mortgage or sell some property. Congregations are shrinking so it won’t need such a large estate.

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avspuk@reddit

If 'unrealised gains" of investments are used as collateral then they should become "realised" & thus taxable.

I''d remove VAT from all food including restaurant meals d hot food from greggs etc

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andrew456@reddit

Greggs actually doesn’t charge VAT on most of their products. Pastries/sausage rolls etc are all sold on “cooldown” (ie the cabinet they are stored in isn’t held hot), they just sell so many they stay hot for long enough. Anything sold in the hot cabinet (chicken bites etc) do have VAT on. Why a difference? No idea

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avspuk@reddit

Yeah I saw, the post that cited the greggs, faq obln this.

When VAT was introduced it wasn't on any "essentials" like food or energy. This is to help the poorer members of the economy as it is a regressive tax & hits them harder than it does the rich

But over time it's crept up & so it was put on non essentials fox like restaurants etc. & it's why there's several rates so there can be a low rate for energy bills.

It's essentially a bullshit lie too pretend that food isn't taxes when it in fact is. It's why it matters if a jaffa cake is a biscuit or a cake

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This_Charmless_Man@reddit

And whether a Pringle is a crisp or not

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BillOrmePersonal@reddit

This

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Icy_Recording_1115@reddit

I'm genuinely curious as to what the point of commenting "This" is if you already have the upvote button? Istg this is specifically mentioned in the reddiquette.

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BillOrmePersonal@reddit

Ah, that’d be because I didn’t read the reddiquette - apologies will go do now x

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levezvosskinnyfists7@reddit

That money’s just resting in their account

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CroxtonCrusader@reddit

"The survey, The Quiet Revival, was conducted by YouGov among 13,146 people in England and Wales, and is an update on the Bible Society’s previous research conducted in 2018. It shows that in 2024, 5.8 million people were attending church at least once a month — 12 per cent of the population — compared with 3.7 million, or 8 per cent in 2018.

The most significant upturn was among the 18-24s (Gen Z) with 16 per cent of them attending church at least once a month; six years earlier, only 4 per cent did so."

https://religionmediacentre.org.uk/news/the-quiet-revival-huge-increase-in-young-people-attending-church/

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DismalAd2452@reddit

Even as a completely secular person I quite our nation's churches. I think its a net loss if we demolish them all for another housing estate.

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H16HP01N7@reddit

I think housing for homeless people is more important than looking at some old buildings.

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Erewash@reddit

Found Thomas Cromwell’s alt account.

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Happylittlecultist@reddit

I believe congregations in a lot of areas are starting to creep back up.

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SmugDruggler95@reddit

Got any data on that?

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Threatening-Silence-@reddit

He's right

https://www.churchofengland.org/media/press-releases/church-england-attendance-rises-fourth-year

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SmugDruggler95@reddit

Ah right, so numbers are just getting back to pre-pandemic levels

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Happylittlecultist@reddit

https://religionmediacentre.org.uk/news/the-quiet-revival-huge-increase-in-young-people-attending-church/

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rocketshipkiwi@reddit

Funny how it aligns so well with them having children and the local church run school having such a good reputation…

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SmugDruggler95@reddit

Wow that is absolutely incredible. Feels like abandoning the church was where things started to go wrong. As an Atheist I am excited and inspired by this trend and hope it continues

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ashyboi5000@reddit

I was going to comment, from seeing on local groups, people want to join for a sense of community. Or even attend the odd service as a sense of calm and relaxation.

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SmugDruggler95@reddit

Yeah that makes so much sense, I would attend for the same reasons.

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Happylittlecultist@reddit

https://www.churchofengland.org/media/press-releases/church-england-attendance-rises-fourth-year

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SmugDruggler95@reddit

Ye someone else just shared, peek my other comment if you want a reply

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Confuseduseroo@reddit

Mainly due to immigration.

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McCretin@reddit

Really? Polish Anglicans? Or is it a Catholic Church?

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Ecstatic_Ratio5997@reddit

You realise the church commissioners fund has been restricted by the government so it cannot actually be easily be used?

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WiseBelt8935@reddit

Yes, and it invests that money into charitable work. What’s wrong with having a bank account? Regular payments are more effective than lump sums

Manage the fund to ensure sustainable distributions for our beneficiaries

Charitable distributions were £283.2m

Should we pawn off historic buildings to pay this new tax? Should schools pawn off their land or sell their PE fields just to cover the tax bill

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Resident_Rush_7498@reddit

Then they can pay their taxes regularly then instead of one a year

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Proof_Drag_2801@reddit

You can make the same arguements about independent schools.

Religions should have to pay business rates and tax on their profits. All of their expenditure beyond capital costs, NI and salaries goes on customer recruitment. They are businesses.

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Few-Role-4568@reddit

Boo hoo, one of the richest companies in the country has an exemption from corporation tax, business rates and council tax.

Yes they should pay it all. The country is screwed and everyone should do their bit.

Schools have been selling off their assets for years to pay bills, I don’t see what is so special about religions buildings and institutions.

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imtheorangeycenter@reddit

Just turn 5% of churches into social accommodation.

And take 20% of the Harvest Festival.

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WiseBelt8935@reddit

Many churches already do the first part, since that’s where the priest lives. If we average it across all church properties, we should easily meet the target especially considering the hospitals and shelters they operate.

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Weird-Statistician@reddit

You need something in place to protect older churches. They struggle to maintain them as they are but yes, agreed

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Scarred_fish@reddit

This is by far the best idea.

The fact religion is legal in in this day and age is shocking enough, but not to have them highly taxed and regulated is frankly, insane.

Very well said.

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-TheHumorousOne-@reddit

Yea, the government should ban religion and make use of good old 'oppression'.

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Scarred_fish@reddit

Oh it shouldn't be banned, just made illegal.

Imagine trying to start a cult today where the key points are :

We shall take as much money as possible from vulnerable people under the premise they will be better after they die.
We will actively encourage emotional and sexual abuse of children.
We will work diligently to ensure misogyny, racism, and discrimination against LGBTQ groups are as ingrained into society as possible.
We will not be held accountable for any of our actions, as we are overseen by a magical being who lives in the clouds who is responsible for everything.

Obviously, individual religions have much more evil and targeted aims, but that covers the basics common to almost all.

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beyondheat@reddit

Those militant atheist regimes have always worked out so well...

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Alternative_Week_117@reddit

Unlike these faith based regimes?

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beyondheat@reddit

Well, yes. I'd suggest the worst genocides of the Twentieth century were committed by Mao, Stalin, Hitler, Pol Pot and others. Atheism is clearly not a utopia or protection against evil.

The idea that we would nice away from a liberal democracy is some Brave New World nonsense.

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heilhortler420@reddit

the fact religion is legal in this day and age is shocking enough

Bruh

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Thomasinarina@reddit

R/iam14andthisisdeep

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Beersink@reddit

Good one. ALL organised religions are basically businesses involving the transfer of wealth from the congregation to the guy who’s telling you that he’s closer to God than you are. Tax them until the pips squeak. They only use a tiny fraction of their vast wealth for good, mainly the cash is just hoarded/kept.

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Historical_Cobbler@reddit

I agree, but similarly I would have all religions operate under local planning with a license to operate secured with a bond.

Religions cannot be trusted, any proven breach of safeguarding, moral high standing results in the bond being forfeited to the state, ring fenced to a nice social project.

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TheBlakeOfUs@reddit

A 95% tax on all land that has been given planning permission but the company is sitting on it as an increasing asset

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dbxp@reddit

I'd increase charges on football clubs for policing to cover the full bill not just in the stadium but on public transport routes and local pubs. The tax would cover all large events but football would probably be the most visible event effected.

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Full_Car_5982@reddit

Pretty sure councils can already do this.

They could stop events operating due to the need of special police service.

Councils just generally agree to foot the bill because it probably brings a lots of money in.

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dbxp@reddit

Football clubs are charged for security inside the grounds but not outside. Also I can't find he source now but there seems to be a large gap between what they're invoiced and what they actually pay.

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Full_Car_5982@reddit

As far as I’m aware the council has power over this though.

They could block the events going forward if they don’t foot the bill if they wanted to.

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nfoote@reddit

Extremely high tax on very high incomes with massive rebates for money spent in country.

Don't know what exact rate and income points should but for example it might be 90% tax on income above £200,000 with up to 50% rebate/tax break for spending within the UK.

People talk about trickle down economics, ie don't drive away the rich people because they trickle their money down to the rest of us when they spend. Well this would force the trickle into a flood.

Idea is that being rich must be nice and the rich should enjoy their money, ie spend it on nice things and luxurious experiences the rest of us can provide for them, rather than just hoarding it. Buy another British car, build another mansion, start another British business, ski Scotland, holiday in Wales, fine dine in London, whatever. Spend in country to get tax breaks.

Enjoy your money, or we'll just take it from you.

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dbxp@reddit

Interesting idea, probably better ways to control it though ie foreign exchange restrictions

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ZestycloseStyle88@reddit

Love it.

I would apply the same rebate for all income levels on services that we expect people to pay for individually although we all benefit from as a society, such as childcare. Maybe councils could have extra powers to give rebates. E.g. on the local high street as an economy that would benefit from investment. Give local economy a chance to compete against economies of scale, and people continue voting with their wallet.

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LengthinessHour2972@reddit

Very high incomes at 200k? And being taxed at 90%?? Good to see the crab bucket mentality is still kicking.

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nfoote@reddit

As I said, that was just an example, set it to 500k then. Or a million. The point is the huge tax rebate. You should hit anywhere near the 90% tax and nor do I want you to. Just spend spend spend. By all means, be rich and live an amazing life. By spending. Into the economy that you're reaping from.

Less crabs knocking each other down and more the top crab feasting on whatever is at the top and raining scraps down on the rest.

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Jpmoz999@reddit

Not a tax as such, number plates on push bikes. Nominal fee to register. £2.00 for a plate.

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One-Picture8604@reddit

What problem do you reckon that will solve?

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Jpmoz999@reddit

Accountability or lack thereof and the ability for the police to find people.

Disregard for the rules of the road examples of which include but are not limited to running red lights, disregarding pedestrian crossings, riding on pavements not to mention the use of push bikes and e-bikes in a range of crimes including the huge amount of phone thefts, not to mention thefts of the actual bikes themselves.

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dbxp@reddit

I don't see the police prioritising such things. Also the people who steal phones with bikes are not going to put plates on their bike, sterling phones is already illegal

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One-Picture8604@reddit

Oh right the usual horseshit, got it.

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Spam_Frittering@reddit

👆 Found the cyclist who believes red lights are only for motorised vehicles.

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Jpmoz999@reddit

Well, yesterday on another thread you were boo-hooing about how cyclists are held responsible as a group for the behaviour of all cyclists. But someone presents the option of making individuals accountable and your lip is quivering over that too.

Guess uou want it both ways, what a surprise.

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One-Picture8604@reddit

I don't actually think there's an awful lot cyclists really need to be accountable for and most of the noise comes from whiny dickheads.

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MeltingChocolateAhh@reddit

If car drivers can be named and shamed, why should cyclists also not be named and shamed?

The issue I see is that everywhere is trying to push to be greener, and everyone is trying to be more active which can be shown with cycle to work schemes. Making cycling more difficult to even begin as a hobby is a step in the wrong direction.

I agree that cyclists should be held to more accountability, and it's a joke how even on the theory tests that the DVLA pushes out, cyclists are seen as these protected little things that cannot cause any harm with their tiny bike.

I think a better idea to propose is not so much a tax as the comment OP says, but a fee for cyclists that they must complete a theory test for cyclists. Costs £9.99, can be done in half an hour at home. They can even purchase a little theory handbook if they like. The test doesn't need to be as extensive as the cat b or cat ce theory tests. It links to your driving licence to make it harder to falsify. Trial this, and if it doesn't work, test and adjust.

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caniuserealname@reddit

oi, cyclist bad.

Cheer for me.

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One-Picture8604@reddit

Haha glad it's not just me with this level of cynicism.

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crow-magnon-69@reddit

same for pedestrians when they walk in cycle lanes.

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Jpmoz999@reddit

Except of course that they’re not the same as it isn’t illegal for a pedestrian to walk in a bike lane but it is illegal for someone to ride a bike on a pavement.

Maybe have a look at the Highway Code?

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Wiggidy-Wiggidy-bike@reddit

all arguments for this are based in revenge pretty much. none of the stats show it would be good, the only thing it does is let ppl who moan about bikes suddenly become insane hypocrits and starts mass reporting anything they see

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Jpmoz999@reddit

No I would say that the arguments for this are based on an expectation of people to use the roads the way they should and and equality of application of standards and accountability for all road users towards others and for the removal of anonymity that people hide behind in order to make them feel like those standards don’t apply to them.

Feel free to point me towards the source of “the stats” though.

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f1boogie@reddit

As a cyclist, i would gladly pay a tax if it was invested back into cycling infrastructure.

Still wouldn't stop drivers complaining about the council building cycle routes.

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Confuseduseroo@reddit

As a motorist I wouldn't mind seeing my car tax (and 60% duty on fuel) put into motoring infrastructure.

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f1boogie@reddit

It is. Congratulations.

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Jpmoz999@reddit

I too cycle and have no issue with it. Especially if it is kept to a relatively nominal amount. Cyclists often complain that we are all held accountable for the actions of bad cyclists, well, in which case but in place a mechanism that makes individual cyclists accountable in the same way that motorists are. It’s anonymity that people hide behind, remove that.

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Scared_Turnover_2257@reddit

Any sitting MP renting property outside of their primary residence should be taxed 99% on it during their term (but then I would also give MPs a pay rise but subject them to multiple restrictions like this)

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ubiquitous_uk@reddit

I'd give them a 25% rise, but ban all expenses. I'd also scrap the £360 the House of Lords members get for turning up to have lunch.

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practicalcabinet@reddit

The issue with banning all expenses is that it unfairly favours those closer to parliament. MPs for London boroughs can get to Westminster for only the tube or taxi fare, while those in places like Northern Ireland and the Scottish islands have to spend on either air fare or ferry and train on top of that.

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dbxp@reddit

What about just giving them a travel card? Like one of those fuel cards truckers use or a train season ticket

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llynllydaw_999@reddit

Yes, any MP from a significant distance from London will have to rent accommodation there.

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Specific-Umpire-8980@reddit

That's what I am saying. That MP will now have to rent/pay a mortgage on/housing fees on two properties, one in their constituency, and one in London/Westminster. Why should that MP have to spend £2,000 per month more on accomodation than an MP from the London area, or one in which they could feasibly commute to Parliament.

Also, if we are removing MPs expenses, why not remove business expenses? Where's the difference?

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earthworm_express@reddit

I’d go the other way. Remove most of the salary, but allow them to expense more. Providing more transparency in their costs and actions.

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Scared_Turnover_2257@reddit

Tbh id double it and keep the expenses and id guarantee the payment for three years after they lose their seat BUT impose the following controls.

1/Property as i suggested

2/All 2nd jobs must cease and resign any directorship of private companies for the length of their term and their 3 year post office garden leave. Any cash payment involved in this must become public record.

3/Whilst in office they can only invest in cash or govt backed investments (like premium bonds etc) and are not able to liquidate any equity positions whilst in office without approval of an independant auditor.

Failure to do any of these could lead to criminal investigation.

The problem isnt what they are paid (in fact it should attract the best and brightest of us) the problem is that some of them are essentially using their position to manipulate markets in their favour.

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MattyJMP@reddit

SUV tax.

It would simultaneously: 1. Discourage something that is entirely pointless, if not outright detrimental to the rest of us; 2. Selectively target people with more disposable income than sense (or taste).

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do_you_realise@reddit

I'm desperately trying to avoid getting a SUV (or compact SUV whatever you call it) but realistically struggling to find something else with enough boot space for a proper camping trip with 2 adults and 2 kids. Tent and 2 camping mattresses takes up basically my entire boot. I don't know how people do it without going down the SUV/compact route, or just straight up buy a van. The kids are only getting bigger, bikes and extra day to day kit will take up ever increasing amounts of space. I'd not mind an estate but there don't seem to be many around (you pay over the odds second hand for sure). 🤷‍♂️ Don't know what's best

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dbxp@reddit

I remember growing up the Vauxhall Vectra was absolutely massive, not sure if the modern versions are the same. You could also look at an estate car

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crow-magnon-69@reddit

just get a roof box

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do_you_realise@reddit

Our current Civic has a glass roof, which we didn't realise at the time of buying rules out all of the after market roof bars for that model (and they don't sell the official £495(!) Honda ones any more)

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crow-magnon-69@reddit

doh! I wouldn't realise that either

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do_you_realise@reddit

Yeah it was a bit of a face palm moment for us! Normally keep a car for 5-6 years but if we're going to do any more camping (and we've already got all the gear, so we will) we'll need to change it

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Ok-Ambassador4679@reddit

There's plenty of great estates around. Peugeot 508's are massive, as are the Toyota Avensis. Most SUV's are largely their counterpart cars just raised on higher springs and with more weight - a Renault Captur is effectively a Clio, or a Kadjar is a Megane, for instance.

There are other options too, like imported Japanese people movers such as the Toyota Alphard's or Honda Stepwagons are quite popular at the moment, and practical with 7 or 8 seats, a stowable rear bench meaning bags of room, and rear sliding doors which are ideal for our cramped car parks.

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MattyJMP@reddit

Skoda Octavia or Superb. My brother had an Octavia - you could easily seat 4 adults and the boot in it was absolutely cavernous. Like, multiple sets of golf clubs in there big.

He had the vRS version too, so it was properly quick and looked real nice.

They do estate versions too if you want something really massive. Genuinely might be worth a look.

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do_you_realise@reddit

Thanks I'll take a look. I had the estate versions on my list but it sounds like even the non estate versions are huge?

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MattyJMP@reddit

Yeah, I think the Octavia is about 600L, with the Superb being slightly bigger. It was big enough that I looked at it and was genuinely impressed. Worth seeing if it meets your needs.

SUVs will often advertise larger volumes (I think the Kodiaq is more like 800-900?). But that comes from the extra height. And I don't know about you, but I never fill my boot up to the roof; it being longer and wider is more useful than it being tall. Because the Octavia/Superb have a saloon-style rear, the boots go back a long way compared to the flat rear of SUVs.

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do_you_realise@reddit

Thanks!

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JoeyJoeC@reddit

Modern SUVs are pretty big. I have a 2007 RAV4 and its perfect for my needs. Its not wider than estate cars, lots of space in the back. Perfect for camping trip Id say with a roof box.

People will moan and say I should get a estate instead but plenty of reasons to have the RAV4 instead. Main one is I enjoy off roading. The height for loading and unloading is perfect for my height, less bending since I have chronic back problems. Bigger all terrain tyres for the dodgy country lanes around where I live and my job often requires driving on muddy building sites.

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theModge@reddit

I was coming here to post this.
It also helps contribute toward this increased damage heavier vehicles do to roads. France actually has really high "road tax"* on SUVs, so it's not like it can't be done.

* yes, yes it's not called that anymore, no one cares.

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Jebble@reddit

SUVs aren't inheritenlty bigger than other cars, just higher, especially compact ones like a Kona or something. If you tax SUVs, you also have to tax station wagons.

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Ok_Pitch4276@reddit

They're crossovers not SUVs

Estate cars aren't SUVs

A Land Rover Defender is an SUV, so is a BMW X5

A kia Niro isn't an SUV

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Jebble@reddit

Every car rental I ever used calls them Compact SUVs, nit Crossovers. Regardless, they are SUVs in that sense that they're literally made simply to have a higher seat.

If this tax is aimed at a specific size card then it shouldn't be an SUV tax but a dimension/weight tax.

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AnyBug1039@reddit

Just put the duty up on petrol/diesel - simple - the more you burn, the more you pay

but people get angry when you do that

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Jebble@reddit

Well yeh, consumers are getting screwed over with electric vehicles and solar energy all over Europe so not surprised at that anger.

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emil_@reddit

There quite a few reasons for that anger...

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Ok_Pitch4276@reddit

Because if people see the world SUV they are happy to pay more for them for some reason

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martinbean@reddit

No one in the UK says “station wagon”.

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McCretin@reddit

Exactly. Shooting brake is the correct term.

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Willsagain2@reddit

Or estate car. And it doesn't mean social housing

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martinbean@reddit

Social housing? Are you sure you didn’t mean “the projects”? 😂

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Jebble@reddit

Okay cool, what's your point? You clearly understood what I meant.

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MattyJMP@reddit

Immediately noticed that. I thought this was AskUK...

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SmugDruggler95@reddit

So Tax personal vehicles over a certain height?

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Jebble@reddit

But why? Height doesn't make a difference on the road,but can me extremely beneficial for lesser abled people.

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yurtal30@reddit

Increasing bonnet height significantly increases the likelihood of death of pedestrians struck

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IllGiveYouTheKey@reddit

Higher cars are significantly more deadly to pedestrians and other road users when involved in collisions.

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SmugDruggler95@reddit

Of course it does, it blocks your view.

Ever driven a van? Feels so much easier being super high up.

Ever driven an MX-5? You can't see a fucking thing because youre so low down.

Im not trying to say height on vehicles should be restricted but it does play a factor.

There a junction on my commute where I turn left and if theres a big vehicle turning right I have to wait for them to move before pulling out because I cant see over their bonnet or through their windows

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Jebble@reddit

I'd everyone drives the same height car, nobody's sees anything either way. As a cyclist, sure it's annoying but it's not like every person suddenly owns an SUV, so let people who need it drive it so they can get in and out without breaking their back.

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SmugDruggler95@reddit

Not true at all you can see through the windows and over the bonnet of a car the same height as yours.

Like I just said, I experience it every day on my commute.

I am a driver, cyclist and motorcyclist. I have used that junction many times on all 3 forms of road transport.

Larger vehicles obstruct your view, please do not try and make that a controversial point lol wtf.

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Jebble@reddit

Okay, so everyone can just drive higher cars then, problem solved. I never made your commute a controversial point, you're using it not me.

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userinyourface_@reddit

Long live the estate

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Ok-Ambassador4679@reddit

A tax that adds as a modifier for housing/property prices dependent upon your citizenship to the UK and number of properties you already own.

If you own zero properties and are a UK resident, you pay what the property is worth. If you're not a UK resident, you pay double what the house is worth. If you own more than one property, there's a modifier on the house value. The modifiers stack, so if you're not a UK citizen and own more than one property, you are penalised for double the cost, plus modifiers to disincentivise non-UK residents hoovering up our housing. The additional above what the house is worth goes into building social housing and social projects.

We've lost so much housing to domestic and foreign investment. Why? The UK is a safe pair of hands - there's no war, the free market government doesn't seize assets, and culturally we approve of property prices increasing. Why invest in anything else if property is a safe ROI?

[-]

Lanthanidedeposit@reddit

Vehicles based on width.

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justareddituser2022@reddit

When i worked at a cafe with a very low tech till with no items named, I'd add an arsehole tax every now and then. Just a 50p to £1 to their bill depending on how much of an arsehole. Never got caught. And I didn't pocket the money at all. I got nothing but satisfaction.

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Ok-Ambassador4679@reddit

Brilliant. I work in a tech project space. I know of customers who get charged an extra 30% because they're proven time wasters.

Some might interpret arsehole taxes as good business sense. 😉

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Apple22Over7@reddit

Used to work in a watch repair place and the manager would do similar. If a watch battery should have cost £5, he'd charge them £6 and stick the extra £1 in the charity box.

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Educational_Pin_1455@reddit

When i see a post with 11 likes but 400+ comments. I know there is going to be some entertaining braindead takes here.

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New-Resident3385@reddit

If you take out a loan against non primary residential assets you are realising gain thus will be taxed.

Any multinational not hq'd in uk will be subject to higher tax.

This is a complete pipe dream even more so than the other two, all transactions with the buyer being in the country must be held in uk banks, corporate transfers to other nations banks will incur 5% tax for moving money earned in the country out of it.

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Dme1663@reddit

Replace stamp duty with something else. A tax on moving is terrible for productivity. Imagine the hours spent commuting and money spent on fuel that would be saved if people didn’t have to pay £10k to move house.

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No-Potential-7242@reddit

Home owners are not victims. Jesus.

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Pale_Jackfruit_941@reddit

No one said they was but having to repay something you've already paid when your selling your home to relocate is a piss take. Imagine if you had to pay a couple grand every time you changed car just because why not.

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BigSillyDaisy@reddit

At least double or triple stamp duty for second homes

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_a_m_s_m@reddit

A land value tax perhaps?

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Short-Price1621@reddit

This is a good suggestion. I’ve been seeing for years that SDLT should be payable on the sale (akin to CGT).

It makes sense but boomers would hate it. Or frankly anyone who gets caught out with essentially a double tax (SDLT when they brought, now SDLT when they sell/ downsize and potentially CGT).

Certainly there’s more tax to be had from property in the UK but every time I toy with the idea I always circle back to there already being too much taxation and the real issue is theres poor value return from the government.

The government just needs to (for the first time in their history) tax less and spend less. HMRC seems to be turning into that distant relative with a crack addiction wondering if you have any spare change; it’s never enough.

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Mamoulian@reddit

Were a new tax brought in to replace SDLT, previously paid SDLT could be offset... if they wanted.

But even then this wouldn't achieve the goal you're replying to: moving house would still cost money. CGT would be worse because all house prices rise, so anyone (not just boomers) taxed on the increase won't be able to buy a similar property with their sale proceeds minus CGT. Or what's the point of downsizing if there's no money saved?

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Dme1663@reddit

I’d just scrap it and have a monthly/yearly property tax similar to council tax.

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MulberrySpirited318@reddit

on having fun

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AlternativeConflict@reddit

20% tax on mobile phones above 250 quid.

Extend the sugar tax to pre-packaged food.

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Specific-Umpire-8980@reddit

We already have that. It's called VAT.

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seven-cents@reddit

Tax the Churches, tax the billionaire CEOs 50% of their net wealth, tax the trillion dollar shareholders 50% of their gains, tax those same companies 50% of their profits.

Nobody should be allowed to accumulate such obscene amounts of wealth without half of it going back into the community.

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Holiday-Poet-406@reddit

I'd be taxing unoccupied residential/holiday let property at 5% of market value.

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Low_Understanding_85@reddit

100% tax on earnings over 10 million.

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miklcct@reddit

Pay per mile. Applies to private cars and vans only and replaces fuel tax.

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Appropriate-Dig-7080@reddit

Would the rate adaptable by the emissions of the vehicle? Or would you expect someone driving an EV to pay the same as someone driving an SUV per mile?

What about people who have to commute for work? Is that just tough luck if people live somewhere that means they need to drive for work.

I’m interested in the concept but cynical as to how it would work without punishing a lot of really low income people/families.

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WiseBelt8935@reddit

an NHS VIP lane. pay a large (but not to large) fee to get access to a nice ward, better food etc. should generate a nice bit of cash and even open it up to foreigners

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OrdoRidiculous@reddit

That already exists, it's called private healthcare.

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WiseBelt8935@reddit

ya but the nhs doesn't get that cash

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OrdoRidiculous@reddit

Nor should they

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WiseBelt8935@reddit

but they could spend the money on new machinery or plasters, quite important things i'm told

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OrdoRidiculous@reddit

So what? Private sector takes the strain off the public sector for non-emergency procedures.

The private sector should be allowed to exist, you'd have to make whatever you're proposing both cheaper than private care and more effective in order for it to be worthwhile.

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WiseBelt8935@reddit

It’s not the private sector it would be the commercial arm of the NHS, reinvesting the money back into the system. If someone with more money than sense wants a nicer room while getting knee surgery, then by god we should and bill them for it.

Let's under cut the private hospitals and keep 100% of the money.

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OrdoRidiculous@reddit

A commercial arm of a government body is still competing with the private sector.

Why would we waste money on upfront costs for things like nicer rooms on the hope that someone might pay to use it, when space is already at a premium for NHS facilities that need to use it for actual legitimate medical purposes rather than in-house luxuries?

The private sector literally exists to cater to this kind of client base. The NHS would have to not only beat it to be competitive (because it's commercial) but it would also have to front the cost on the gamble they can do better than the private sector.

That then begs the question of why have we got the ability to build nicer facilities on NHS property to cater for those with money, but stick the regular poor person with the shit end of the treatment spectrum?

This idea makes no sense on any level.

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imtheorangeycenter@reddit

So - less resources for the people that already paying for it from an already stretched NHS?

A hard no thankyou.

Plus it'd be bugger all, we need tens of billions per idea.

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WiseBelt8935@reddit

No, it's actually more resources they're bringing in money from people willing to pay, which can then be spent on the rest of the system.

Sure, it may start small, but with some effort, we could become the world’s premier healthcare destination.

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Appropriate-Dig-7080@reddit

Tax on couples shopping together at supermarkets.

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clarerose85@reddit

This is gonna be unpopular but road tax for cyclists. They use the road too so why shouldn’t they help with the upkeep. Not as much as cars but at least a contribution.

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JustLetItAllBurn@reddit

Road upkeep is paid for out of taxation. There is no pool of 'Road Tax' money that car owners pay into and cyclists do not. Road Tax hasn't even technically existed since 1937.

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clarerose85@reddit

We tax our cars so why not tax the bikes? Like I said I knew it would be an unpopular opinion but that is my answer to OP’s question.

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Appropriate-Dig-7080@reddit

We tax cars based on emissions. High emissions cars have high tax and low/0 emissions cars don’t have any. It would be a lot of paperwork and changes to legislation to introduce it for bicycles just for them to all meet the 0 tax due to 0 emissions criteria.

A bit pointless IMO.

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One-Picture8604@reddit

I paid more VAT on my last bike than 10 years worth of VED for my last car.

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Appropriate-Dig-7080@reddit

Isn’t road tax part of your council tax? So car and cyclist users are already contributing equally.

The tax you pay on your car is for emissions I think.

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greenfence12@reddit

How do you police it? Do you charge a three year old kid on a bike? What about pedestrians? Should they pay for crossing roads and using pavements?

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clarerose85@reddit

Last time I looked pedestrians didn’t have wheels.

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Wiggidy-Wiggidy-bike@reddit

tax on wheeling your suit case to the airport, wheeling your disabled child or parent to the doctors, tax on using a pallet truck to deliver food

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One-Picture8604@reddit

Exactly, these people have no interest in improving road or pedestrian safety, it's all about dragging cyclists down as much as possible for some reason.

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red_black_red0@reddit

You people are all over this thread - As professional victims, cyclists give the Irish a run for their money.

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greenfence12@reddit

Does them walking not wear pavements down too? Wheelchair users?

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fursty_ferret@reddit

Wouldn't someone who's been forced to pay to use the road ride in the middle of the lane out of principle? I know I would.

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clarerose85@reddit

They already do. Was stuck behind 2 of them just today.

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One-Picture8604@reddit

A stupid idea that would cost more than it could ever raise.

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AnyBug1039@reddit

Walking tax next up.

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EtwasSonderbar@reddit

What about pedestrians too?

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firthy@reddit

You don’t want to discourage cyclists and they have basically no effect on road infrastructure wear. Anyway, road upkeep comes from general taxation, VED is not used to for road maintenance. You may feel like cyclists are entitled and disobey road regulations, but that is a different argument. A large amount of cyclists are vehicle owners anyway and those that don’t own a car are just the kind of people who will be discouraged and unfairly impacted by a tax.

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JamesTiberious@reddit

I agree with the idea for cyclist taxation, but only enough to cover creation of more cycling routes and policing. I also think cyclists should pay insurance.

But this aside, it’s a drop in the ocean compared to the overall problem of lack of tax income.

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Appropriate-Dig-7080@reddit

Tax based on lifestyle choices that impact someone’s health that’s within their control. All to go directly to the NHS

Smoker/vaper - you go on a higher tax bracket (yes I tobacco products are already highly taxed, I don’t care, tax em out their earnings direct as well).

Fat & unfit with no underlying health condition preventing you from not being that - higher tax bracket

Sedentary life style - better be prepared for a higher tax rate

Consume over the recommended units of alcohol a week - tax man’s coming (yea I’ll prob end up paying a bit more for this one, but I recognise it’s a poor lifestyle choice and would be happy to contribute more towards the nhs in case I ever need care due to it later in life).

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OptionalQuality789@reddit

A tax on re-selling/scalpers. New products, event tickets, driving tests etc.

Make it 75% of the sale price. Absolutely drive the profit out of the business.

It’s such a scummy way of making money.

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DrHydeous@reddit

You want a 75% tax on sales from shops? Because that's what shops do, they buy stuff and then sell it.

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OptionalQuality789@reddit

Urgh, you’re one of those people…

In this hypothetical scenario it was fairly clear from context that this referred to people who buy up popular items/events and re-sell them at 2-4 times their original value.

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Beanonmytoast@reddit

Re-seller here. This is all designed by companies to turn their brand into a speculative asset. The reason things like Pokemon and Funko Pops blew up is because of limited supply and deliberate strategies to fuel hype, scarcity and timed drops. That speculative appeal is the product.

No one really buys Funko Pops or Beanie Babies anymore because the speculation died. Once the perceived value disappears, so does the demand. The resale market isn’t ruining things, it creates the hype these brands rely on to stay relevant.

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OptionalQuality789@reddit

Stop pretending like you’re providing a service. You are a middle-man leech.

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No-Strike-4560@reddit

I've never understood the driving test one. Surely all you need to do is force the user to have to enter in their provisional licence number at the time of booking, and create a rule where only the holder of that licence number can attend the test ?

It really can't be that difficult?

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alexwhit80@reddit

If you resell or sell something on digital platforms and make I think over £2500 a year you are supposed to pay tax on it. This includes people selling old clothes on vinted.

It was made a law in 2024.

https://www.moore.co.uk/msuk/moore-south/news/january-2025/what-are-the-new-tax-rules-for-digital-platforms-h

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QuickTemperature7014@reddit

You’ve got this a bit wrong as your own link shows. The 2500 figure is Euros not GBP and is a reporting threshold for platforms not the a tax threshold.

In the UK the trading allowance is £1,000.

https://www.gov.uk/guidance/tax-free-allowances-on-property-and-trading-income

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alexwhit80@reddit

I found the link after typing.

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tskir@reddit

The only reason scalping exists is that for some bizarre reason a lot of companies don't understand, or pretend to not understand, how supply and demand work.

If a new PlayStation comes out and is instantly sold out at £600, this simply means they should have priced it at £800, or £1000, or whatever makes the market happy.

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Nice_Put4300@reddit

No it just means they should make more of the products

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thelegendofyrag@reddit

Yeah it’s like the product isn’t almost over inflated and under supplied in the first place…how many times do then hear about ‘the new batch’ coming into stock a few weeks later….just wait a few weeks and supply the full quantity at a fair price…

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tskir@reddit

Absolutely, and if the product is selling well, every company will of course endeavour to produce as many as possible.

But here we're talking about the situation where Sony, as an example, has just finished setting up the first of many production lines for a new PS. They can only produce, say, 100,000 in the first month.

In this situation, a sensible move is to sell them at a premium temporarily, not selling them at a pretend low price so that they are snatched up immediately.

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caniuserealname@reddit

No... scalping exists because cunts will take advantage of anything.

Consoles are intentionally sold cheaper than they can because it's a barrier to entry into a more profitable market. Scalpers inflate the price, damaging the market that is trying to be encouraged.

Anyone who thinks scalpers are just "trying to many the market happy" are either stupid, or scalping cunts themselves.

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DoIKnowYouHuman@reddit

Can we add “rent to rent” to that list of scalpers?

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Dependent_Phone_8941@reddit

Rent to rent, the worst of the TikTok hypes. It’s worse than AirBnB.

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Nipsy_uk@reddit

Virtue Signalling tax.

you think the taxpayer should pay for x y z? work out how much it would cost and charge them their share.

that would shut Gary Lineker up

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running_on_fumes25@reddit

Wealth tax. All those people who try and hide their fantastic wealth in investments and property - anything over £10m is taxed at 5%.

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PLTuck@reddit

A wealth tax. 1% yearly on wealth above £2m. ie £2m is tax free.

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thelegendofyrag@reddit

If you make £2m tax free then you’ll be losing tax. People with £2m have no personal savings allowance and only a small portion of it would fit in any tax wrappers

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PLTuck@reddit

I meant the first £2m tax free of the wealth tax policy, not of all tax haha.

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imtheorangeycenter@reddit

What's wealth and what counts? Cash in a current account at a UK bank? Mortgaged-to-the-hilt properties/cars?

It's hard to define I think - plenty of people are asset rich but cash poor. Do the McCree's have to sell the run down family home worth £4m to pay the tax? Heck, plenty of people in my unassuming SW London borders area have a house worth more than half that but work "normal" jobs. They don't have £20k a year spare.

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PLTuck@reddit

Yeah you make a really good point and those details would be crucial.

One things for sure,there has to be a better way than sticking the boot into the old, poor and disabled.

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imtheorangeycenter@reddit

First thing would to figure out a digital tax on you know who companies - maybe we have to invade a tax haven like Luxemburg though.

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llynllydaw_999@reddit

Tax stupidity /s. Starting with those making many of the suggestions here.

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The_Deadly_Tikka@reddit

Any home owned beyond the primary residence is taxed at an insane level

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QuinlanResistance@reddit

Roll NI into income tax

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QuickTemperature7014@reddit

What about the employer side?

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WayneKerlott@reddit

It's really just a stealth income tax, even though "the employer pays it". It comes out of the money the employer has allocated to pay you. The employer will take it into consideration when hiring you and deciding on any raises.

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Ospreys1989@reddit

Legalisation of cannabis then tax it. Also doing so would create a load of new jobs

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non-hyphenated_@reddit

Why more tax? We're taxed at levels almost never seen in this country already.

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WiseBelt8935@reddit

and yet compared to peer countries we don't pay that much tax

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Potential_Grape_5837@reddit

Not sure where you get that from. UK's tax to GDP ratio is one of the highest in the world. Higher even than Sweden and France.

https://en.wikipedia.org/wiki/List_of_sovereign_states_by_tax_revenue_to_GDP_ratio

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Exact_Setting9562@reddit

We've also more debt than we've had since the 60s.

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JamesTiberious@reddit

Every big country has ever increasing debt. We still tax quite low, let’s please tax more.

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TSC-99@reddit

Tax litterers

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red_black_red0@reddit

Eh?

Fines already exist.

Is this sub just entirely outside brigaders?

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TSC-99@reddit

No one gets fined hardly ever

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Ben750@reddit

So how you gonna identify them?

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TSC-99@reddit

Omg I’m just answering the question mate

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BaBeBaBeBooby@reddit

SUV tax, and tax credits for families with kids

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CD696969X@reddit

Implement a tax on all share dividends. Billions are paid out to people each year in the UK yet this source of income is used to avoid tax.

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Few-Role-4568@reddit

It’s already been taxed at 25%.

Dividends are paid out of profit. Profits are subject to corporation tax.

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CD696969X@reddit

The company pays the tax, individuals receiving an income should pay as well.

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Few-Role-4568@reddit

They do.

When you account for corporation tax and dividend taxes, it’s actually taxed at a higher rate than paye.

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dbxp@reddit

Dividend tax already exists, it's lower than income tax as it's taken from profits so has already paid corporation tax

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beneyh@reddit

No thanks

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superwisk@reddit

I think you mean align dividend tax with income tax rates?

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amacadabra@reddit

Tax advertising.

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butchbadger@reddit

It'll just be factored it to the cost of the advertised product and the public will end up paying it.

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T_raltixx@reddit

Billionaire/Millionaire tax

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Spam_Frittering@reddit

Of they've enough millions, they'll just take their money elsewhere and continue business as usual.

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butchbadger@reddit

Good

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rogeroutmal@reddit

And here is a great demonstration of how the general public fails to understand the significant difference between a millionaire and a billionaire. They are so wildly far apart. A billion is ONE THOUSAND MILLION.

Also, how do you define a millionaire? A million pound in cash? Investments? Property?

Lastly, “millionaires” are not your enemy - however you define them. Certainly at the lower scale of what constitutes a millionaire.

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CaveteCanem@reddit

My favourite example is: 1 million seconds is about 11.5 days 1 billion seconds is 31 years

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detailsubset@reddit

Income tax on loans over a predetermined value, 100k or so, secured against unrealised capital gains and a ban on unsecured loans over a lower predetermined value.

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TheNutsMutts@reddit

So someone remortgaging their house to build an extension, or remortgaging in order to invest in/start a business... gets hit with a big tax bill?

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Actual-Morning110@reddit

Net worth cap.

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TheNutsMutts@reddit

That would be comically unworkable.

In the upper levels, someone's net worth is mainly based on their ownership of a business and its hypothetical sale price, rather than piles of money sitting in a vault. There's no plausible way of capping that.

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thelastlightinspace@reddit

Tax-exempt status for religious institutions deleted. They serve no tangible benefit other than perpetuating millennia old delusions and barbarism.

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Aconite_Eagle@reddit

A tax on childless people; reduces by 25% for each child and becomes a payment of a salary of £25k annually for every child after the third born.

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ExplodingDogs82@reddit

I would close a f^ck load of loopholes. Tax wealth as a whole including assets over a certain value …also tax billionaires globally regardless of whether they have any connection to the uk or not …if they have more that 1bil I want half.

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TheNutsMutts@reddit

also tax billionaires globally regardless of whether they have any connection to the uk or not …if they have more that 1bil I want half.

How do you plan on doing that? A billionaire in the US that's not been to the UK and has zero connections with the UK.... how are you envisioning HMRC enforcing some arbitrary tax they've put on them?

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ExplodingDogs82@reddit

…Assassins?

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Particular_Store8743@reddit

Land value tax.

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moreglumthanplum@reddit

Nope, Land *Use* Tax. Got a 2-storey 6,000sqft gaff in Kensington? Prepare to be nailed. Block of flats next door? Same price split between every flat. Base price set against local land values, so London pays more than Northumberland. Exemptions for farms, charities, etc. We can build up, but we can't build out, so make land owners pay for the area of land they own.

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_a_m_s_m@reddit

This video explains it very well.

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Particular_Store8743@reddit

The value of the land is based on its potential use.

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Dependent_Phone_8941@reddit

In conjunction with removing stamp duty it could do a pretty good job of pushing oldies outta their big homes and encouraging them to downsize.

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Shakis87@reddit

Wealth tax, land value tax and voluntary tax buckets that you can choose to pay into if you want and the money can only be spent on stuff pertaining to that specific tax

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_a_m_s_m@reddit

You must have seen the cat!

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_a_m_s_m@reddit

Land value tax.

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dmmjrb@reddit

Do what America does - tax all UK citizens on their income, capital gains etc, no matter where they live. Tax exile in Monaco, or Singapore, or UAE? Not any more mate.

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yeahitsmems@reddit

So if I moved to Spain on an average income you’d have me pay Spanish and British tax?

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dmmjrb@reddit

As with the US, you'd get a tax credit for overseas tax. But you'd pay the difference between Spanish and UK tax, yes.

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ubiquitous_uk@reddit

There are a lot of exemptions to that.

Doesn't include earnings under $120k, and you're also excempt if you have been abroad for more than 330 days in the tax year.

Basically the same as the non-dom status that we had until last year.

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Goose-rider3000@reddit

No, the US taxes its citizens regardless of how many days they spend in the US. They can get a foreign tax credit for taxes paid in the country they live in though.

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KaChoo49@reddit

How many more taxes do we need??? Surely we’ve got too many already. Who the hell wants more taxes?

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CaveteCanem@reddit

Might be controversial, but an online shopping tax - the high streets are dead because they can't compete with cheap alternatives (looking at you Amazon..)

We need a way to level the playing field by offsetting the addition overhead brick-and-mortar have to pay just to be open

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ant682@reddit (OP)

Probably a good thing. Thats one i would go with

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FudgingEgo@reddit

Gambling.

The UK has no tax on gambling, yet forces gambling down our throats, why not tax it.

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adamMatthews@reddit

IIRC they looked into taxing the winnings of spread betting, aka betting if the stock market will go up or down. They discussed it in the House of Lords because it’s an obvious way you can use the stock market without paying capital gains tax.

They didn’t get anywhere with it, because it would introduce too many loopholes. For example, because of the way our tax laws are set up, it would mean you can claim tax relief on losses. The vast majority of gamblers lose so would end up paying lower tax, the admin costs would eat up the lower taxes gained on winnings.

Turns out to change gambling tax rules, we’d have to change a whole bunch of other tax rules to accommodate for it and actually make it profitable for the government. So the discussion always gets shelved.

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Opposite-Mediocre@reddit

There is a massive tax on gambling. Do some research before posting.

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Spam_Frittering@reddit

I point you in the direction of lotteries in the US. They see it as income and you'll get taxed. 24% of it is skimmed off at source (over $5000), and then the rest of the winnings, if it's enough, will push you into the highest tax bracket. Seems like the taxman is the one who wins the lottery every week.

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H16HP01N7@reddit

This is just a blatant lie.

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DEADB33F@reddit

Gambling is taxed but it's the stake that's taxed not the winnings.
Works out the same either way.

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red_black_red0@reddit

There is a tax on gambling....

How can something so obviously incorrect, that 99.99% of the population knows, get so many upvotes?

Who is populating the sub now, is it all just those Iranian and Russian upvote bots?

[-]

GrandVizierofAgrabar@reddit

There’s no tax on gambling winnings, but there are taxes on gambling operators, they just call them duties

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deathofashade@reddit

Tax non commercial vehicles on weight and size as well as emissions.

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acidkrn0@reddit

If you own a massive fucking house(s) and loads of land, you should be taxed much more than someone in a cheap flat. Council tax barely differs.

[-]

Afraid-Priority-9700@reddit

A tax on everyone who feeds the seagulls. They should have to pay for cleaning up their mess.

[-]

DryJackfruit6610@reddit

My neighbour keeps throwing bread outside for the seagulls and its doing my head in

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diminutive-valkyrie@reddit

Put them back through his letterbox

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dickwildgoose@reddit

No, put the bread on his car.

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ButteredReality@reddit

The bread or the seagulls?

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diminutive-valkyrie@reddit

Idk, surprise me, Schrodinger.

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Runaroundheadless@reddit

Bit tertiary that.

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DryJackfruit6610@reddit

She is a woman in her 80s, and doesn't seem to realise seagulls are a nuisance

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diminutive-valkyrie@reddit

Ah, that's a conundrum. Perhaps you could tell her rats have been spotted eating the bread she throws out. Hopefully she doesn't like rats too

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Spam_Frittering@reddit

Gulls only proliferate due to the filth humans leave behind in the first place.

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Afraid-Priority-9700@reddit

I know. That's why I think there should be a tax on continuing to make a mess by deliberately feeding them.

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LouClittler@reddit

Why can't we just catch and eat seagulls?

I looked this up the other day and there are no serious recipes. Apparently the flavour isn't the best but I'd imagine that with a bit of seasoning they'd be alright.

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Spam_Frittering@reddit

Rather you than me - thryceat allsorts of crap.

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frumentorum@reddit

Because they eat rubbish

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Runaroundheadless@reddit

What rubbish? How’d you know what rubbish tastes like? Fail biology at school? Pass enything?

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Successful-Tip18@reddit

Politician tax. Every promise they break every decision they make that goes against the majority, their wages should be taxed so heavily they only take home the equivalent of the minimum wage. I could go on all day. I invite anyone to add to this.

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One-Picture8604@reddit

Either more tax on private schools or increase taxes on SUVs and 4x4s.

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thelegendofyrag@reddit

More tax on private schools makes it unaffordable for people to put their kids into private schools. Where do those kids end up? In the already 30+ classes in state school.

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One-Picture8604@reddit

Good, then everyone is invested in making state schools better for all children and private schools stop hoovering up the best teachers.

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thelegendofyrag@reddit

Are we going build a load more state schools to accommodate the extra children?

My kids are already in overpopulated classrooms!

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One-Picture8604@reddit

The government have to provide a place regardless. Perhaps just use the existing private school locations to start with.

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thelegendofyrag@reddit

And the cost of all the additional free school meals required? Extra teachers, cost of new schools, new teachers, new support staff, new equipment, new stationary?

If private school fees rise significantly due to tax changes, and say 5–25% of those pupils move to the state system, the annual additional cost to the state education sector could range from anything from around £200 million to £1 billion and that’s excluding any initial capital expenditure for school expansions through temporary classrooms or school expansions.

Where’s that money coming from??

The Average cost per pupil in state schools is circa £7,500 per year (including staffing, resources, infrastructure, etc.)

There are approximately 580,000 pupils in private schools as of 2024

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One-Picture8604@reddit

The teachers exist already, they've been trained by the state in the first place. Everything else, wealth tax to sort out.

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thelegendofyrag@reddit

You realise the state has to pay these teachers right? There is a cost to the state to employ them.

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One-Picture8604@reddit

That's fine, the long term benefit of reducing inequality will balance it out.

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red_black_red0@reddit

Seizing of private assets by violence - only needed to get five comments deep until the Commies exposed themselves here once more.

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DragonfruitItchy4222@reddit

I'd remove income tax entirely except for migrant workers.

They'd pay a 30% flat rate, avoidance would be hard labour equal to 100x what they're suspected to have avoided paying (at minimum wage for the labour, with deducted) and deportation.

This would stop punishing native people for earning more while disincentivising foreign people from stealing entry level jobs from our youth.

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Alternative_Week_117@reddit

If a company makes a healthy profit they should be forced by law to pay a profit share to every employee (which is taxed). There is money in this country, it’s getting it out of the hands of the few and giving it people that will actually spend it which is the problem.

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QuickTemperature7014@reddit

So you’re saying companies should accelerate their use of AI, automation, outsourcing and off shoring so the only real employees left are the ones that were already getting a big bonus?

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Alternative_Week_117@reddit

Companies will do what suits them anyway. Threatening workers with poor pay or else has been done since the mill owners.

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ANUFC14@reddit

100% tax on any income from things like air bnb.

They’re absolutely parasites.

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truckosaurus_UK@reddit

1) The UK has a ridiculously low level of property taxes on larger homes compared to many other countries (eg. some places in the USA you pay 1% of the value each year).

In most places a tiny 1 bedroom flat would pay around £1k and a mansion worth millions pays £5k.

Bumping up the tax on the top levels would also discourage second home ownership and encourage downsizing from large family homes once kids have left home.

2) Get rid of 'Business Rates' and instead return a portion of VAT revenues to local government (including online purchases). Taxes on shops and offices for just existing made sense when there was no alternative to bricks'n'mortar shopping or turning up to work in person. Taking off this overhead would make smaller shops more viable.

3) Introduce a vignette scheme for foreign vehicles coming into Eng/Sco/Wales (as per Switzerland or Austria) - they all arrive either on a boat or the tunnel so easy to check they have them at the border (no sticker, no entry - so minimal enforcement costs). Brings in a load of money for the cost of a few stickers.

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HalfExcellent9930@reddit

Big penises

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QuickTemperature7014@reddit

There was a prostitute in London in the 17 or 1800s that would charge an additional supplement for every inch under 8 inches their client fell.

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annonn9984@reddit

Cigarette lighters. No lighter should cost 20p. It fuels arson because parents don't notice (or care) if their child pinches one.

We get a lot of arson in my area due to stupid kids. It's often got out of control during droughts, and fires have engulfed entire parks. Making every lighter cost at least £5 would help enforce responsible ownership.

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Spam_Frittering@reddit

I've never seen a lighter that costs 20p. Not since about 1984 anyway.

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H16HP01N7@reddit

Do you know for certain that all these fires were caused by kids with 20p lighters?

Did you do the investigation yourself?

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SnooCakes1636@reddit

Yeah, no, doubt it.

Never worked with cigarettes. Definitely hasn’t worked with vapes - if anything I’d argue the vapes are more popular than smoking ever was with kids; and from a younger age too.

A lighter would need to be £20 odd quid to price kids out I reckon

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zakk5768@reddit

And price a lot of adults out too…

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Happylittlecultist@reddit

How 'bout matches🔥🥹

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CarpeCyprinidae@reddit

The rates of stamp duty payable on a home are varied depending on your tax domicile. If you don't pay your UK taxes you don't get to buy property cheaply

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MrTaxUK@reddit

This is already a thing, there is surcharge on non-UK resi.

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Spam_Frittering@reddit

I don't think they care if they're looking to squirrel wealth away from whichever malevolent regime has the potential to take everything.

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CarpeCyprinidae@reddit

I'd make it significant, like 75% of the property value

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Flabberghast97@reddit

Legalise weed and tax it at the same rate as cigarettes. Think you'd generate 3.5 billion which would be more when you factor in the money saved from not policing it.

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SecTeff@reddit

I’d legalise cannabis and introduce a cannabis tax. This would both bring in revenue and reduce the costs of trying to Police the cannabis trade and reduce the number of explosions and fires caused by cannabis farms and the issue of criminal gangs using smuggled illegal workers in them.

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BalthazarOfTheOrions@reddit

Lobbying tax.

Any profit made because of interference by corporate lobbyists should be taxed at 95% (we don't want to give them nothing after all), so that there is no financial benefit to it and maybe some better financial decisions will get made for the whole country.

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SecTeff@reddit

They would all switch to funding Astro turf campaigns if this happened.

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greenfence12@reddit

Online delivery tax, every parcel delivered gets taxed, money goes towards revitalising town centres

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SecTeff@reddit

We could call this the punish people who live in rural areas without access to shops tax

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Thomas5020@reddit

Instead of just pushing prices up and making people struggle even more, shopping in town and city centres needs to be more attractive.

Slash rent so small businesses can affford it, and offer people who spend in shops a refund on their parking or bus travel.

Taxing bad thing is a really lazy and useless way to govern, instead of making good thing more appealing and attractive so it becomes the natural choice.

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ubiquitous_uk@reddit

If you want to revitalise the town centres, cut the business rates because that is what is killing it.

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TisOnlyTemp@reddit

Lying tax (includes dodging questions)

Any time a politician, public figure, CEO etc is asked a question and blatantly gets caught lying or dodging the question. Each time you're taxed 20% of your yearly earnings.

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emilicia@reddit

This is brilliant

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SecTeff@reddit

Sounds good until you have a ministry of truth

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Frohus@reddit

Finally some great ideas in this thread, I love it!

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Hefty_Anywhere_8537@reddit

Post code tax for 4x4, if you live in the middle of a city, you can't justify a massive 4x4 car. If you live in the sticks, no tax

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sporticia@reddit

Tax on wealth/assets (not income/salary) over 10million.

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FootballIsRubbish@reddit

A wealth tax. Initially a one-off tax on wealth over a high amount, say £2 million.

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Valarmorgulis77@reddit

Brilliant! Let’s cause capital flight, a crash in asset prices and reduce investment in the UK

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FootballIsRubbish@reddit

Yes that argument is used every time by people who want the extortionately wealthy to keep all their money. I'm in favour of having those with money to spare contributing more - this is not a new idea for this country.

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blozzerg@reddit

I reckon a maximum wage, if we can have a minimum why not a max?

As soon as you earn say £5million/tax year anything over that is taken as tax, or you can do a salary sacrifice type thing on it and some/all of it has to be reinvested in the business where you earned it, but equally, so you can’t just donate it to a co-business owner, it has to be split equally between ALL employees, from cleaners to fellow CEOs. Or you can spend it on marketing, buying goods, improving facilities etc. anything to improve the business.

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Necessary_Umpire_139@reddit

Then what is the incentive for those high earners to reach that point or continue to try to improve in what they do? They'd stay just below it and earn the rest in bonuses.

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Agile-Ad-6360@reddit

Have you seen communism at play?

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f1boogie@reddit

Most people who earn that much don't get it as a salary. That would basically just be a tax on premiership footballers.

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FootballIsRubbish@reddit

Just because something is difficult to calculate doesn't mean it shouldn't ever be attempted if it's worth doing.

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f1boogie@reddit

The problem comes when entrepreneurs invest in small businesses. You can not excessively tax the shares of a small business just because a minority shareholder is rich.

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Dependent_Phone_8941@reddit

How many people are there making over 5m a year in income?

Almost everyone that would be included would be effectively exempt, CEOs would just take compensation in different ways and sports stars would be exempt as it would do more damage than it does good. It would hurt the premier league which is one of the biggest cash cows this country has.

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thelegendofyrag@reddit

Exactly they are already paying 45% tax. Limiting their earnings reduces the tax paid.

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FootballIsRubbish@reddit

I wouldn't necessarily disagree with you. I don't think this would ever get adopted unfortunately, it's just so easy to shoot down by opposed media. A one off wealth tax on a very high number wouldn't be so easy to argue against.

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FudgingEgo@reddit

Everyone would just move abroad and the economy would be killed overnight.

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fleurmadelaine@reddit

£2mill is not that much in the modern world, particularly if you live in the south. That’s basically a house and your pension fund, and not even that if you live in London in a nice area.

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Dapper-Message-2066@reddit

Yeah if you've got a £1mil house and £1mil of savings, that's nothing mate, absolutely nothing.

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FootballIsRubbish@reddit

£2 million was an example. Hopefully more thought would go into the final number.

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blacksmithMael@reddit

I wouldn’t hold your breath with the current lot.

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FootballIsRubbish@reddit

Well, there's more chance with this lot than with any of the alternatives available.

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blacksmithMael@reddit

I get the feeling we’ll be agreeing to disagree on this one!

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DoIKnowYouHuman@reddit

Hopefully more thought than this fella put in

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SnooCakes1636@reddit

Absolutely agree! A million quid in mid-90s is worth 2 million today

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wizaway@reddit

The issue with building an economy reliant on taxing the wealthy is eventually someone will come along and promise to reverse the wealth taxes in exchange for getting them elected.

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JamesTiberious@reddit

I don’t see the issue? Let’s make our elected representatives more honest. Sure, it may take a decade or two to level out, but I’m sure as fuck sick of living my entire adult working life under austerity. Bring the havoc.

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Colleen987@reddit

I want a combined personal tax allowance. So income, savings, capital gains etc allowances all get combined into one number and when you’ve used it you then pay tax.

For example some people will never use their yearly capital gains band to this should be able to be used for some extra tax free income.

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bsnimunf@reddit

New inheritance tax. 10 percent flat rate on everything no exceptions. If your inheriting a billionaire your handing over 100 mil. No trust funds or off shoreing to get round it.

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H16HP01N7@reddit

I would tax dog owners, in an effort to minimise the number of bad owners that train bad dogs.

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Meta-Fox@reddit

Some kind of tax that makes it prohibitively expensive for people to own more than 3 properties.

You can have one for yourself, one holiday home and one for income.

Any more than that and you're taking away from the housing market. Fuck you.

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Beginning_Ant8580@reddit

Millionaire tax. Fuck them and id punish tax avoidance hard.

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helpnxt@reddit

It's not particularly a new tax but I'd raise a CO2 tax to a proportion to rival income tax but then drop income tax for 99.9% to basically nothing.

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KeyInstruction9812@reddit

Salary ratio tax. Each company has a threshold of 20x the lowest paid and pays additional employment tax above this. A company can avoid this tax by paying its lowest paid workers at a higher rate. So a tax on exploiting workers by overpaid owners.

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Lammtarra95@reddit

They'd just outsource the lowest-paid workers. All your proposal does is worsen conditions for the poor.

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Pitiful-Hearing5279@reddit

Air. You breathe, you pay.

Oh! You wrote “good”. My mistake.

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crow-magnon-69@reddit

Heh see the book/play 'Gasping' by Ben Elton.

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crow-magnon-69@reddit

Treating income from an LLC as earnings, like IR35. LLCs are you big consultancies, law firms etc. You know the ones who many labour ministers have worked for. the ones who the ministers who worked for them was encouraged to bring in IR35 as they didn't want independant contractors making bank - they should be employing them on 20% of what they are charged out for. Then the 'directors' can make bank by not paying NI.

Why has this giant hole not been fixed? Like I say many ministers have come from the big consultants and they buy favour by loaning out 'advisers' and even teams of staff to the govt.

https://www.theguardian.com/politics/article/2024/jul/02/private-sector-lobbyists-embedded-into-labours-shadow-cabinet-teams?utm_source=chatgpt.com

and just reform companies law to get them to start paying corp tax. if we don't well we're screwed as AI eats away a number of jobs.

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MadWifeUK@reddit

An extra tax on all those CEOs and the likes. If your total earnings (bonus, company car, etc) are more than ten times the lowest (full time equivalent) wage within your company you have to pay 45%.

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Lammtarra95@reddit

They'd just sack and outsource the lowest-paid workers. Sod the cleaners!

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thelegendofyrag@reddit

What would the ‘extra’ tax be? They’d already be paying 45% tax on bonuses. People complain about bankers bonuses, yeah they are ridiculously high but then 45% of it is taxed which is a good thing for UK tax.

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Jumbo_Mills@reddit

Cannabis tax, after legalising it.

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Evo_ukcar@reddit

Question avoidance tax. The political parties of this country would be paying for HS2 and a third Heathrow runway.

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Bunkerlala@reddit

Wealth tax.

2.5% on anything you own after the first £100,000 (not including your home or personal vehicle).

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siliconsandwich@reddit

95% on MP earnings above their salary.

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TNTiger_@reddit

Housing tax on second properties and those who do not live in the UK.

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DisciplineStrict5622@reddit

I would tax all lawyers as most of what they get paid is actually unearned income. They fail deliberately so get paid twice for the same thing when you appeal

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SparkleDust0@reddit

A tax on being an asshole! 🫣

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D0wnInAlbion@reddit

Massive tax on vehicles over a certain size/weight. Legislate the SUVs off the roads.

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DEADB33F@reddit

A tax on everybody who isn't in the exact demographic as me.

....that's about as sensible as most of the answers here, and probably amount to the same as most of them.

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Shurlperburper@reddit

Tax the billionaires

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lubbockin@reddit

sex tax, if you have sex you must pay.if you don't you don't need to pay.

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ddickin1@reddit

Man, I’m in for a juicy rebate for the amount of sex I had before getting married to how much I have now!

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DoIKnowYouHuman@reddit

If we’re gettting rebates then I hope it offsets the single person tax I’ve been paying

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Jezbod@reddit

Surely "onanism" is exempt?

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DoIKnowYouHuman@reddit

Better be, if not we urgently need a loophole

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ChattyNeptune53@reddit

Have you been watching Carry on Henry lately?

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Clbull@reddit

Incel tax wasn't what I expected.

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R-Mutt1@reddit

100% tax on Starbucks etc coffee deliveries.

If you can afford those, you can afford a machine or the tax. And cut the BS about it being cheaper than buying beans and milk.

In fact, tax all fast food deliveries. People are already paying 50% markup from what it would cost to collect it.

In fact, make it 100% tax on all fast food. 200% if you get it delivered. Clearly, people are twice and unhealthy and lazy if they can't even get to the restaurant.

Mad, how many people on decent wages will still get this crap, so this isn't even a class thing, although obviously people should not be able to spend their benefits on damaging their health

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KarmaIssues@reddit

Replace all council taxes and stamp duty with a land value tax.

A land value tax is a tax implemented on the unimproved value of land.

A land value tax would be fairer and encourage development.

The Welsh government did a study and found a 1.41% tax could be raised to replace all council tax. https://www.gov.wales/local-land-value-tax-technical-assessment

It's loved by economists. https://kentclarkcenter.org/surveys/land-value-tax/

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Necessary_Umpire_139@reddit

Tax on recreational drugs. Drugs like weed and mdma, make it legal and tax it worse than pigs. Obviously one's like your opioids, pain killers, nitrous oxide and others which can cause quite prolific long term damage should stay illegal. If the giverment ran the supply chain from growing to selling, bwah.

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sharps2020@reddit

Not sure if it would be classed as a tax, but the highest paid earner at a business, can't earn more than 10 times the salary of the lowest paid.

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niteninja1@reddit

flat income tax of 25z irrespective of the source of income. abolish all other forms of tax.

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Few-Station8831@reddit

More tax. That idea can fuck right off.

All the way off.

No No…a bit further just past Pluto

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Dapper-Message-2066@reddit

Tax on people who don't go to pubs.

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Tea_Fetishist@reddit

Vehicle excise duty reworked to base rates on weight of vehicle (larger vehicles generate more pollution through tyre wear and brake dust), as well as cleanliness of the fuel burned. If a car produces more NOx for a given amount of fuel burned it should be targeted more harshly. Finally put the remaining tax on fuel.

That way, if somebody has a weekend car that only gets driven a few hundred miles a year they aren't so heavily punished, and it discourages people from driving tens of thousands of miles a year which could have been done on the train instead.

Motorcycles should also be exempt from all road tax and ULEZ. Basing bike tax rates on engine size was always stupid.

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IWishIDidntHave2@reddit

Not so much a new tax, but “all asset transactions exceeding £5000 excepting sale/purchase of a primary residence or primary vehicle shall be deemed to have taken place as cash transactions at the prevailing rate for the asset and shall count as income and expenditure for income tax purposes”.

That‘s (in my opinion) how you start to implement a wealth tax.

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Dependent_Phone_8941@reddit

What does “all asset transactions” mean?

If I buy something for £6,000, is that a transaction over £5,000 that now counts as income? Or if I sell it for £6,000, does that count as £6,000 income?

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IWishIDidntHave2@reddit

What it means is that if you swap shares in one company for shares in another company, you pay income tax on the value of the shares you swapped. It means you can’t avoid tax by avoiding money by asset swapping.

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ubiquitous_uk@reddit

Wouldn't that wreck everyone's pensions as they are nearly all invested?

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Dependent_Phone_8941@reddit

If the shares are in a pension, no tax, if the shares are in an ISA/JISA/ Other tax wrapper, no tax. If the shares are not in a tax wrapper, tax.

If you are thinking about things like ETFs, where you own a share of the ETF and they rebalance a global tracker, there is no tax to pay, that kind of thing doesn’t incur tax. They are already exempt because of the service they are offering. If you were to suddenly tax ETFs you don’t get a nice bulk of extra tax income, you end ETFs for UK investors.

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Dependent_Phone_8941@reddit

No, pensions are tax wrappers.

You put pre-tax money in, don’t pay tax in them and only pay tax, as income, when you take money out in retirement.

So you can swap buy sell move funds whatever you want inside a pension without incurring any kind of tax because to get access to it you are taking it as income later on.

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ubiquitous_uk@reddit

So how do you differentiate the sale of the shares in a fund? Some investors may be doing it via a pension, and others not so?. As the shares are bought / sold by the fund and not the individual, how would you calculated the portion to be taxed / not taxed?

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IWishIDidntHave2@reddit

We already pay income tax on pensions. So, this would be making wealthy people pay what we already pay.

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ubiquitous_uk@reddit

Only when you take it out, and only if your over the threshold.

The comment was about specifically taxing income from share sales, something that could happen thousands of times before you even touch your pension.

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Dependent_Phone_8941@reddit

In the scenario you describe you would pay capital gains tax so you aren’t avoiding tax currently.

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IWishIDidntHave2@reddit

This isn’t correct, I’m afraid. There is no capital gain on, for example, share swaps. Making that swap happen as a ‘cash value transaction’ allows taxation to occur.

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nfoote@reddit

He means sell. But you'd offset your 5000 purchase expense against your 6000 income, so you'd have 1000 taxable income.

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Dependent_Phone_8941@reddit

So just make capital gains income instead basically?

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nfoote@reddit

Similar to something I thought about, not a tax exactly but: Police charge a 20% recovery fee for all recovered stolen items that are a single item, personally owned and valued over £50,000 (vehicles excluded). This on the premise that nobody directly owns any non-business related item that has any inherent value beyond value for values stake that's worth more than £50k.

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max1304@reddit

Bottled water. Waste of plastic & transport energy

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Redd4help@reddit

Meat

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jjtnc@reddit

Religion.... obviously!

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Wiggidy-Wiggidy-bike@reddit

lots of ppl with reddit levels of economic understanding here.

"hold the rich hostage" sums up like half the posts here

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True_Sir_4382@reddit

Accumulative tax one you reach a certain amount based on your overall net worth not just the money you make each year to avoid loop holes millionaires and higher might do

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bentleybasher@reddit

Fresh air. That’s all that’s left that ain’t taxed in the UK.

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Peckerhead42@reddit

Anyone over the age of 12 playing Pokémon has to pay 90% tax on everything for their entire life 🤣

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glasgowgeg@reddit

Tax on folk using that emoji

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Clbull@reddit

🤣🤣🤣🤣🤣🤣🤣

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Pale_Slide_3463@reddit

Foreverrrrr young I wanttttt to be forever young.

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Vardy@reddit

ex-pat tax similar to what the USA has.

If you live abroad you still have to pay the tax difference back to the UK if the taxes you paid in your new country are lower.

Only way to avoid this is to renounce your citizenship without making yourself stateless.

As a British citizen you have taken advantage of the tax system via education/health/infrastructure/benefits/etc and you should continue to fund it like everyone else has to. It is not a system you can just take from and then leave when you have to pay back in.

The wealthy people who have left because of our taxes will most likely renounce their citizenship, so we're not losing out anyways. They'll just no longer be our problem to deal with when being a British citizen becomes convenient again for them.

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ubiquitous_uk@reddit

You don't have to pay that tax if you stay outside the US for 330 days a year though, or earn under $120k. Pretty much the same as the non-dom status that we got rid of in April.

There are a lot of exceptions to paying it.

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x-ThatGirl-x@reddit

Well I’m glad a lot of yous aren’t in charge Jesus Christ 🤣🤣

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Confuseduseroo@reddit

Tax cats.

And tacks.

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Vespa_Alex@reddit

10p charge for every factually incorrect post on Facebook or other social media.

We’d solve the national debt in a week or two.

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Competitive_Ring82@reddit

I'd introduce a tax to pay for road maintenance. It would be based on the loaded axle weight, squared, and mileage. All vehicles would be subject to this, and it would be ring fenced, only for upkeep of roads.

I'd also introduce a wealth tax and reduce income tax for those with median income or less.

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fursty_ferret@reddit

You could just add a huge tax on fuel which would accomplish more or less the same thing.

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Competitive_Ring82@reddit

That doesn't account for electric vehicles, or the weight distribution across more axles.

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fursty_ferret@reddit

Tax electricity, then. It already is at public chargers.

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appletinicyclone@reddit

Noblesse oblige tax

If you have assets worth more than 10 million you pay a 2% tax which goes towards defense (no not wars in middle east. More like preparing Europe for Russian invasion), subsidized tertiary education for high altitude kids from poorest regions of UK, NHS, and transport links in the uk.

No one is allowed to get out this including royalty.

I think all those things (maybe people will argue over defense) are things the wealthiest should cover and it frees up money from conventional tax system to go to other things.

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Ok-Living5796@reddit

Fresh air tax. You have to pay to breathe... Tbh, I'm just waiting for this to be a thing, the govt tax everything else...

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elbapo@reddit

On special needs residential homes and special schools. They make like 40% on very expensive placements which are bankrupting councils and essentially taking money from general education.

Recycle the money into mainstream SEN education and at least skim the profiteering for some form of prevention.

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theworldsaplayground@reddit

The vacant Building Tax. Covers empty homes, unused commercial premises and vacant land. If a building isn't used within 12 months the owner gets taxed with a sliding scale for every month it remains unused.

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PraterViolet@reddit

Decibel Tax - twats who modify their exhausts have to pay £1,000 per decibel exceeding 68 decibels.

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Nyx_Necrodragon101@reddit

I would add a Faith tax meaning religious institutions are taxed if they make a profit and any drawings they pay out applicable to income tax. I would also add an extra Corp tax bracket of 35% over 1 million in profit.

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Scared_Turnover_2257@reddit

People ordering any kind of blended drink at a traij station coffee place between the hours of 8-10am should pay a 200% tax on it.

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AnyBug1039@reddit

Oooh, yeah.

Pensioners who can go to the post office any time of the day, who decide to go and queue in my lunch break. And then decide to have a conversation with the dude serving. Tax them! 1000%

And tax them if they decide to drive their car during rush hour when there is no need.

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Pink_Flash@reddit

If your kid behaves badly in public, tax.

Believe it or not, tax.

Straight to tax, straight away.

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AnyBug1039@reddit

Kid behaves well?

Believe it or not, tax.

Kid get's an A in chemistry? Believe it or not, tax.

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halfway_crook555@reddit

Podcast equipment

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beachyfeet@reddit

Private number plates.

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MiddleAgeCool@reddit

Anyone who "splits the G" when having a Guinness should be taxed through the eyes for ruining it. It's a stout. Drinking it too fast spoils the flavour.

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JamesTiberious@reddit

Wealth tax

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wreckinballbob@reddit

1% income tax, 1% Ni and 1% social care tax for everything over 2m. It sounds ridiculous to tax the super wealthy less but I think they would actually pony it up.

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Nice_Put4300@reddit

Wealth tax. On actually rich people 2% on assets above ten million.

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arabidopsis@reddit

Migration (Exit) Tax

1% of all global assets above £2 million if you leave the UK and give up your UK citizenship, extra 0.5% if global assets exceed £10 million

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