{"id":32645,"date":"2016-11-02T07:01:04","date_gmt":"2016-11-02T00:01:04","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/abolish-20-taxes-and-set-15-flat-rate-of-income-tax-in-uk-says-report\/"},"modified":"2016-11-02T07:06:07","modified_gmt":"2016-11-02T00:06:07","slug":"abolish-20-taxes-and-set-15-flat-rate-of-income-tax-in-uk-says-report","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abolish-20-taxes-and-set-15-flat-rate-of-income-tax-in-uk-says-report\/","title":{"rendered":"Abolish 20 taxes and set 15% flat rate of income tax in UK, says report"},"content":{"rendered":"<p>&#013;<br \/>\nInstitute for Economic Affairs says changes would make those at top 13% better off, but incomes of those at bottom would rise 26%National insurance, business rates, stamp duty, the TV licence fee and excise duties on alcohol and tobacco should be among 20 taxes abolished by the government, a free market thinktank has said.A report published by the Institute for Economic Affairs has proposed a 15% flat rate of income tax and a VAT shakeup as part of a plan that would significantly reduce the size of the state. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2016\/nov\/02\/institute-for-economic-affairs-report-abolish-20-taxes-income-tax-15-per-cent\" target=\"_blank\">Abolish 20 taxes and set 15% flat rate of income tax in UK, says report<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Institute for Economic Affairs says changes would make those at top 13% better off, but&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-32645","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-8ux","jetpack-related-posts":[{"id":130447,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-is-the-impact-of-45p-tax-u-turn-on-markets-and-mortgages\/","url_meta":{"origin":32645,"position":0},"title":"What is the impact of 45p tax U-turn on markets and mortgages?","date":"October 3, 2022","format":false,"excerpt":"\r Kwasi Kwarteng and Liz Truss will be hoping move reverses some of effects of mini-budgetLive coverage of the UK economic crisisKwasi Kwarteng and Liz Truss have expended a lot of political capital by abandoning their policy to abolish the 45% top rate of income tax and after a week\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81888,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abolish-income-tax-bands-to-give-earners-1100-ippr\/","url_meta":{"origin":32645,"position":1},"title":"Abolish income tax bands to give earners \u00a31,100 \u2013 IPPR","date":"March 5, 2018","format":false,"excerpt":"\r Merging NI, scrapping thresholds and introducing individual rates will make taxation fairer, says thinktankIncome tax bands could be scrapped to give average earners as much as \u00a31,100 each without costing the government a penny, according to a report calling for radical changes to make theUK tax system fairer.According to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46659,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-uk-property-taxes-threaten-to-take-a-toll-on-investors-in-the-uae\/","url_meta":{"origin":32645,"position":2},"title":"New UK property taxes threaten to take a toll on investors in the UAE","date":"March 5, 2017","format":false,"excerpt":"\r Sweeping UK property tax changes being introduced next month could leave UAE investors out of pocket.From April 6, the UK government will put in place a new set of tax changes likely to make it more expensive for many international investors to rent out homes in England and Wales.Under\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46651,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-uk-property-taxes-threaten-to-take-a-toll-on-investors-in-uae\/","url_meta":{"origin":32645,"position":3},"title":"New UK property taxes threaten to take a toll on investors in UAE","date":"March 5, 2017","format":false,"excerpt":"\r Sweeping UK property tax changes being introduced next month could leave UAE investors out of pocket.From April 6, the UK government will put in place a new set of tax changes likely to make it more expensive for many international investors to rent out homes in England and Wales.Under\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":151,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-want-to-remortgage-the-family-home-to-buy-my-daughter-a-flat-my-worry-is-tax\/","url_meta":{"origin":32645,"position":4},"title":"I want to remortgage the family home to buy my daughter a flat \u2013 my worry is tax","date":"December 17, 2015","format":false,"excerpt":"\r The plan is to grant her an informal mortgage, which she could pay directly to the bank, but would her repayments be considered taxable rental income for me?Q My daughter is struggling to have a mortgage approved on a new flat costing \u00a3200,000. At the same time, my wife\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9514,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/want-to-live-in-a-state-with-no-income-tax-make-sure-youre-super-rich-first\/","url_meta":{"origin":32645,"position":5},"title":"Want to live in a state with no income tax? Make sure you&#039;re super rich first","date":"September 17, 2014","format":false,"excerpt":"\r New surveys and studies of inequality show that state tax rates can influence how the poor and rich spend moneyUS poverty rate stagnant, census report showsWidening US gap between rich and poor is unsustainableIt may sound like a dream to live in the seven US states that have no\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/32645"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=32645"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/32645\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=32645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=32645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=32645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}