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Thread: Tele sports "journalist"

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  1. #1
    Join Date
    Jan 2008
    Posts
    5,369
    Quote Originally Posted by The AuldYin View Post
    What exactly do you expect the government to do?
    I would expect them to look at all options available even on a temporary basis.
    Extend the windfall tax,increase pensions/benefits over the winter months.
    Reduce vat on energy?

  2. #2
    Join Date
    Apr 2020
    Posts
    766
    Quote Originally Posted by eric_sinclair View Post
    I would expect them to look at all options available even on a temporary basis.
    Extend the windfall tax,increase pensions/benefits over the winter months.
    Reduce vat on energy?
    The windfall tax runs to the end of 2025 and that would be the time to look at extending it IMO. Increasing pensions and benefits is a waste of time, dependency on the state is why most of them are in trouble as it is. Reducing VAT is a possibility but I would like to know where the shortfall in taxes was being siphoned from. Personally I would suspend or scrap free prescriptions and make everyone pay a token £1 that would raise a few bob.

  3. #3
    Join Date
    Jan 2014
    Posts
    7,756
    Quote Originally Posted by eric_sinclair View Post
    I would expect them to look at all options available even on a temporary basis.
    Extend the windfall tax,increase pensions/benefits over the winter months.
    Reduce vat on energy?
    In my opinion the U.K. government should scrap the VAT on energy which was imposed on us by the EU as a condition of our membership and the EEC before that.
    Mrs Thatcher managed to get the VAT reduced to 5% on energy bills as part of our ‘opt outs’ as that was the minimum that member countries were permitted to charge.
    Now that the U.K. is no longer in the EU this 5% VAT charge and 20% VAT for businesses on energy bills including heating oil could easily be scrapped.
    We are currently paying 15% extra or more on our electricity and gas bills to pay for feed in tariff for all the wind turbines and solar panels throughout the UK plus social tariffs and the installation of smart meters.
    In my opinion the cost of the feed in tariffs, social tariffs and the installation of smart meters should be paid by General taxation which would reduce energy bills at a stroke.

  4. #4
    Join Date
    Jan 2008
    Posts
    29,688
    Quote Originally Posted by eric_sinclair View Post
    I would expect them to look at all options available even on a temporary basis.
    Extend the windfall tax,increase pensions/benefits over the winter months.
    Reduce vat on energy?
    Reduce VAT to what?

  5. #5
    Join Date
    Jan 2014
    Posts
    7,756
    Quote Originally Posted by noahrab View Post
    Reduce VAT to what?
    From 5% to zero.

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