Welcome to our RESULT SERVICE and your chosen topic
Taxation - VAT & EXCISE DUTY
Do you think that there is a case for taxing us simply on what we spend rather than on what we earn?
Government receipts from VAT, Fuel Duties,Tobacco Duties and Spirits/Wine/Beer Duties, projected for the year 2006/7, are estimated to be £116.6 bn, which is over 80% of the equivalent projected for Income Tax (144.0bn) (Source: 2006 Budget)
Does this information surprise you?
If you had to pay just over twice as much VAT & Excise Duty, as you are possibly paying at present, rather than pay Income Tax, would you prefer that structure of taxation?
Do you think that the motorist is particularly penalised by tax?
And these are some of the comments that we have received from respondents
I suppose that if we are taxed on what we spend then we have a choice whether we pay tax or not! Would that include food or is that regarded as an absolute necessity so that you would not be penalised if you were poor! One thing it would achieve would be that all immigrants would pay some tax! Now that would be justice to the illegal ones.
Male Respondent - Central England
We already pay double taxes because of the Excise Duty and VAT on fuel and alcohol and that's on top of income tax! Tax on what we spend would be just like another stealth tax and this government are already experts on that subject!
Female Respondent - South of England
Just another reminder of a very unpopular tax on certain items ............
speak 4 BRITAIN