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[Football] Where now for football?



East Staffs Gull

Well-known member
Jan 16, 2004
1,421
Birmingham and Austria
But HWT's right, at the moment we risk discouraging HNWI from staying in the UK as they'll see a better tax regime and have the ability to move around to find it.

If everyone paid 15% on all income I'd expect the take would be greater as you'd retain far more people with income of say £10-£50m a year paying 15% on it? The taxation system would be simpler because you couldn't or wouldn't manipulate so much?

Based on 2019/20 estimates, total UK Income Tax revenue as a percentage of total gross incomes is 16.6%. Applying a single 16.6% tax rate to all earners would result in almost 27m people paying more tax and 4.5m people paying less tax.
 




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