some more
Move to a single system of income taxation (sweep up income tax, NI, local taxation), with fair distribution to local authorities based on a basket of measures.
All taxation raised from the transport sector (fuel duty, vehicle tax) to be invested in transport infrastructure, with particular attention to moving more freight back to the railways.
A fair deal for savers. Introduce a system where money is either invested free of tax (but simpler than current ISA/PEP) or if invested money has been taxed at point of income, earnings from that investment is free of tax. Annual 'lower limit' of interest rates to be published and enforced, to prevent building soc's and banks paying paltry amounts to those who hold money in old account schemes.
Small tax breaks for those with private health and/or dental care.
Manufacturing industry to be recognised as a 'special sector' recognising its important role in wealth creation, employment and international trade, with appropriate tax incentives given to manufacturing companies.
|