All very worthy, tax the rich, private equity capitalists, don’t fleece hard-working-families by putting up national insurance. Trouble is, those rich capitalists are just as clever as the Amazons and Starbucks at rearranging their affairs accordingly, and no extra funds will be raised. If HMRC doesn’t like it, they’ll happily tie them up in court for years, which will cost the taxpayer just as much, before the inevitable ‘settlement’. The reality? You can only raise the big bucks needed to ‘level up’ from those you’re trying to level up. Because, as we know, all men are equal, but some will always be rather more equal than others…
“IHT to be ‘battleground policy’ in general election as receipts continue to grow”
Just when you thought Inheritance Tax was to become yesterday’s news, it’s back as, apparently and potentially, a ‘battleground policy’ as the election looms.