Monday, September 20, 2010

They could even pay the mortgage and CCs!

UK Proposes All Paychecks Go to the State First

The UK's tax collection agency is putting forth a proposal that all employers send employee paychecks to the government, after which the government would deduct what it deems as the appropriate tax and pay the employees by bank transfer. The proposal by Her Majesty's Revenue and Customs (HMRC) stresses the need for employers to provide real-time information to the government so that it can monitor all payments and make a better assessment of whether the correct tax is being paid. Now lets see: large government IT project - what could possibly go wrong? I know lets give the contract to an American corporation, that'll work.

Posted by sureseam @ 09:58 PM (919 views)
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2 thoughts on “They could even pay the mortgage and CCs!

  • This article is for those who don’t think we are heading for a cashless society control grid.

    You owe back taxes, rent, parking fines, you want a say in tax rises? Dream on, here’s what you have left Jack.

    Yes, there will be problems. Problem, reaction, solution….. Everything is going to plan.

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  • Stupid statists! It could cause extra salary payment delays, make tax mistakes more likely and harder to correct, and be an increased security risk for bank accounts. I am also concerned how salary sacrifice would be affected e.g. for tax free payments into pensions.

    At the very least I would set-up a separate salary account and instruct my bank to automatically move all but £1 to my main account, to keep them away from my main account.

    If this annoys me enough, I’ll look at the Lawful Rebellion again, to choke off their Tax revenue and even recover capital. I already have some of the preparations done.

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