‘Compliance managers’ to have discussions with authority’s wealthiest customers in attempt to raise tax revenues

The UK’s tax authority is assigning dedicated “customer compliance managers” to more than 200 billionaires as part of a crackdown meant to raise £500m for the public purse.

HM Revenue and Customs (HMRC) said it had for the first time compiled a list of billionaires who are required to pay tax in the UK, regardless of whether they formally live in the country, to tackle a “wealthy tax gap” caused by those who do not pay what they ought.

  • jabjoe@feddit.ukEnglish
    15·
    2 days ago

    Also tax the megacorps. The massive American tech monopolies are hooving money out of the county. In Amazon’s case, while selling cheap stuff that doesn’t comply to our market’s regulations. All of them are bending or just breaking our laws. They aren’t too big or American for us to tackle. We can tax them properly and make them comply with the laws. Though we can’t really break them up, like should happen in a sane system.

    • matelt@feddit.ukEnglish
      51·
      1 day ago

      Well I’m doing my bit, I’ve deleted my Amazon account a few years ago. You can get the same tat from the same sellers on eBay anyway.

      • jabjoe@feddit.ukEnglish
        3·
        1 day ago

        The problem with Amazon is one their anticompetitive practices is that you must sell on their platform cheapest to allow to sell on it. Even before you taken into account their own global postal services.

        These guys want voting with your wallet as their wallet is a lot bigger. If any competition looks like real competition, the monopolies buy them.

        Consumer choice isn’t going to solve this.

      • idealism_nearby@lemmy.worldEnglish
        1·
        1 day ago

        Not to piss on your parade but one of the owners of eBay is BlackRock, and several other private equity firms. There might not be an individual name to hate, but it’s barely better.

        I use it more than Amazon myself because of the free shipping, but I still don’t enjoy it

          • Fluke@feddit.ukEnglish
            2·
            22 hours ago

            That tat you buy from Amazon or eBay is bought from AliExpress and sold at a huge markup, just FYI.

            If you really do need whatever it is, might as well get it from the source.

            • matelt@feddit.ukEnglish
              2·
              22 hours ago

              It goes to show the best solution is to not buy any shit. With the relentless manipulative marketing that everybody is exposed to it’s a bit hard unless you go full hermit mode I guess. Something to strive for imo

              • idealism_nearby@lemmy.worldEnglish
                2·
                10 hours ago

                Reduce, Reuse, Recycle. I would advise every ody learn how to repair their appliances are part of the Reuse part of that, it means you don’t have to buy as much shit