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Financial support for jobs and businesses

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  •   Nov-4-2020
  •   Politics
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A national lockdown is not cost-free; like many, I am concerned that England’s new restrictions may potentially harm lives, livelihoods and mental health. Though I voted no in the motion which approved England’s second national lockdown, we must comply. To support these restrictions the Government have announced: An extension to the Coronavirus Job Retention Scheme until the end of March Eligible employees will receive 80% of their usual salary for hours not worked, up to a maximum of £2,500 There […]

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Cui bono? How much your labour costs and who receives the benefit

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Brought forward from August last year. People on ordinary incomes still pay too much Each employee’s labour costs their employer a certain amount: their salary plus employers’ National Insurance Contributions (neglecting other benefits). How much does the employee actually receive to spend as they see fit? As a guide, we looked at the figures for a single man employed full-time, making median gross annual earnings. He saves nothing and spends the average percentage of his earnings on goods and services rated […]

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A judgment on tax avoidance

One of my colleagues passed on this quote regarding tax avoidance from about 80 years ago: Lord Clyde, President of the Court of Session, ruled: “No man in the country is under the smallest obligation, moral or other, so to arrange his legal relations to his business or property as to enable the Inland Revenue to put the largest possible shovel in his stores. “The Inland Revenue is not slow, and quite rightly, to take every advantage which is open […]

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MPs order tax chiefs to stop posting out ‘horrifying threats’ | Mail Online

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  •   Aug-1-2011
  •   Politics
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HM Revenue chiefs were yesterday ordered by MPs to stop sending threatening letters to people who owed them money, warning that cars and televisions would be seized and sold off for a pittance. In a scathing rebuke, tax bosses were told by the Commons’ Treasury committee that the ‘widely used’ practice of mailing out threats to auction off people’s property was ‘completely inappropriate’. via MPs order tax chiefs to stop posting out ‘horrifying threats’ | Mail Online. Moreover, In a […]

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Tory MP says HMRC ‘menacing’ letters show state is using ‘sinister’ psychology | News | Money Marketing

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  •   May-6-2011
  •   Politics
  •   Comments Off on Tory MP says HMRC ‘menacing’ letters show state is using ‘sinister’ psychology | News | Money Marketing

Updated. A story on Money Marketing, reporting my comments to them on a letter that two of my constituents received from HMRC as a first demand (notwithstanding HMRC’s claim in the article that it is only sent as a third reminder): A Conservative MP says recent letters from HM Revenue & Customs demanding people pay up or face having their possessions auctioned is an example of behavioural psychology now being employed by the Government. And He says: “We now have […]

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It pleases HMRC to jest

Via CentreRight: The Revenue’s power grab: what’s yours is mine first. Just as taxpayers finally lose confidence in the ability of the Revenue to calculate PAYE correctly, HMRC offers to take the matter out of our hands and present us with a fait accompli. The power grab implicit in the latest HMRC proposals – currently under consultation – to receive all salaries direct from employers, process all deductions and then hand to us what remains, should worry anyone who values freedom. […]

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What’s wrong with HMRC?

In my seven years working with HMRC on and off, either providing services from a small company or representing software developers’ interests, it has been perfectly obvious that trivial technical tasks become time-consuming and expensive once they have been put to HMRC’s prime contractor. I have been on conference calls, providing a parallel service to the prime contractor, where they quoted months and many thousands of pounds for changes I had already implemented for a few thousand, had tested and […]

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Liberty – for peace and prosperity

Steve Baker is the Conservative MP for Wycombe.

Steve was first elected to Parliament in 2010. He was previously an RAF engineer officer then a consulting software engineer. Find out more...

Steve holds regular surgeries in High Wycombe. If you would like an appointment, please contact me.

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