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peoplepoweruk.bsky.social
People Power
@peoplepoweruk.bsky.social
A movement advocating for a new economic framework in UK politics.

https://www.peoplepower.org.uk
How To Improve The UK: Taxation

15. Create a Register of Trusts, particularly off-shored ones.

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December 30, 2025 at 6:36 PM
How To Improve The UK: Taxation

14. Create a Register of Beneficial Ownership to flush out silent business partners.

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December 30, 2025 at 5:36 PM
How To Improve The UK: Taxation

13. Create a Register of Firms that bid for government contracts that lists their tax records.

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December 29, 2025 at 6:28 PM
How To Improve The UK: Taxation

12. Require large firms to publicly release their tax returns.

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December 29, 2025 at 5:43 PM
How To Improve The UK: Taxation

11. Hold a Public Inquiry into the Panama Papers leaks.

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December 28, 2025 at 9:32 AM
How To Improve The UK: Taxation

10. Strengthen existing measures to prevent the off-shoring of profits so the tax burden can be reduced for everyone.
Taxation | People Power
Taxation has several purposes for those with an understanding of Modern Monetary Theory. It gives value to the currency (as everyone needs to acquire it to settle their tax liabilities), to control…
buff.ly
December 28, 2025 at 8:44 AM
How To Improve The UK: Taxation

9. Require tax to be paid and debts to be settled at the point of one company transferring assets to another, which will prevent rogue traders from running up massive liabilities, transferring the assets to a new company, and running off with...

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Taxation | People Power
Taxation has several purposes for those with an understanding of Modern Monetary Theory. It gives value to the currency (as everyone needs to acquire it to settle their tax liabilities), to control…
buff.ly
December 27, 2025 at 12:57 PM
How To Improve The UK: Taxation

8. Automatically fine companies 200% of their estimated tax bill, 10% of annual revenue, or £20,000 (whichever is higher) if they fail to file annual accounts. If it is not paid, the directors should go to prison for 2 years and be banned from...

buff.ly/4zLkoH5
Taxation | People Power
Taxation has several purposes for those with an understanding of Modern Monetary Theory. It gives value to the currency (as everyone needs to acquire it to settle their tax liabilities), to control…
www.peoplepower.org.uk
December 27, 2025 at 7:52 AM
How To Improve The UK: Taxation

7. Require banks to tell HMRC what businesses they have given a bank account to each year, including for anyone based in the UK, and make the directors/owners of those businesses personally liable for paying the bill owed by...

#DiscoverMMT

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Taxation | People Power
Taxation has several purposes for those with an understanding of Modern Monetary Theory. It gives value to the currency (as everyone needs to acquire it to settle their tax liabilities), to control…
buff.ly
December 26, 2025 at 7:21 PM
How To Improve The UK: Taxation

6. Invest £1 billion into HMRC so they can collect all tax owing from the UK’s 5 million companies as 30% of the total is currently unpaid. Local tax offices should be brought back and inspectors trained to know businesses in the area.

#DiscoverMMT
Taxation | People Power
Taxation has several purposes for those with an understanding of Modern Monetary Theory. It gives value to the currency (as everyone needs to acquire it to settle their tax liabilities), to control…
buff.ly
December 25, 2025 at 7:39 PM
How To Improve The UK: Taxation

5. Introduce a new VAT premium band of 40% for luxury goods sales like yachts, high-end cars, private jets, purchases of single-item, non-essential goods valued at £1000+ etc. (cars & other transport: £80,000, agricultural vehicles...

#DiscoverMMT

buff.ly/rSn1xN2
Taxation | People Power
Taxation has several purposes for those with an understanding of Modern Monetary Theory. It gives value to the currency (as everyone needs to acquire it to settle their tax liabilities), to control…
buff.ly
December 25, 2025 at 6:21 PM
How To Improve The UK: Taxation

4. Introduce a Withholding Tax on payments to tax havens including dividends, interest payments, royalties and service fees.

#DiscoverMMT
Taxation | People Power
Taxation has several purposes for those with an understanding of Modern Monetary Theory. It gives value to the currency (as everyone needs to acquire it to settle their tax liabilities), to control…
buff.ly
December 24, 2025 at 8:36 PM
How To Improve The UK: Taxation

3b. Until Land Value Tax replaces Council Tax, we would change the rules regarding council tax arrears and debt collection i.e. that they cannot demand a year's worth of payments in one go. If someone misses a payment because of...

#DiscoverMMT

buff.ly/rSn1xN2
Taxation | People Power
Taxation has several purposes for those with an understanding of Modern Monetary Theory. It gives value to the currency (as everyone needs to acquire it to settle their tax liabilities), to control…
buff.ly
December 24, 2025 at 7:05 PM
This is utterly outrageous. Every senior person at the Post Office, Fujitsu, and in government at the time MUST be investigated and prosecuted. They have ruined so many lives in order to protect themselves and their money, and that must be severely punished.
Post Office Scandal: secret Fujitsu contract revealed
A new document - a secret contract with Fujitsu - blows open the Post Office scandal which saw hundreds of innocent post masters prosecuted. [Subscribe to our Substack newsletter:…
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December 23, 2025 at 6:36 PM
How To Improve The UK: Taxation

3a. We would replace Council Tax with a tiered Land Value Tax based on contemporary land values:

Proposed rates:

(a) 0.5% for primary residences and smallholdings (less than 5 acres).

#DiscoverMMT

buff.ly/rSn1xN2
Taxation | People Power
Taxation has several purposes for those with an understanding of Modern Monetary Theory. It gives value to the currency (as everyone needs to acquire it to settle their tax liabilities), to control…
buff.ly
December 23, 2025 at 5:36 PM
How To Improve The UK: Taxation

2b. However, we will introduce a tiered Exit Tax for those who wish to leave. The UK monetary system gave their assets their value so if want to move to another jurisdiction they must pay to settle up their obligations in this one...

#DiscoverMMT

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Taxation | People Power
Taxation has several purposes for those with an understanding of Modern Monetary Theory. It gives value to the currency (as everyone needs to acquire it to settle their tax liabilities), to control…
buff.ly
December 21, 2025 at 8:44 AM
How To Improve The UK: Taxation

2a. Vested Establishment interests will claim our proposals don't work and the most unpatriotic of them will do their usual scare tactic of threatening to leave and take their money if we go through with them. Our counter-argument...

#DiscoverMMT

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Taxation | People Power
Taxation has several purposes for those with an understanding of Modern Monetary Theory. It gives value to the currency (as everyone needs to acquire it to settle their tax liabilities), to control…
buff.ly
December 20, 2025 at 6:24 PM
How To Improve The UK: Taxation

1. Money acquired from work should not be taxed at a higher rate than unearned income from wealth, rent, landlordism, dividends etc. People who earn money with their hands and their brains shouldn’t be paying more than those who...

#DiscoverMMT

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Taxation | People Power
Taxation has several purposes for those with an understanding of Modern Monetary Theory. It gives value to the currency (as everyone needs to acquire it to settle their tax liabilities), to control…
www.peoplepower.org.uk
December 20, 2025 at 6:23 PM
How To Improve The UK: Taxation

Our taxation regime would be based on the principle that tax is the rent you pay for your room here on Earth and if you want a nicer room, you have to pay for it, just like in any hotel. Tax is the price of civilisation. It is also a...

#DiscoverMMT

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Taxation | People Power
Taxation has several purposes for those with an understanding of Modern Monetary Theory. It gives value to the currency (as everyone needs to acquire it to settle their tax liabilities), to control…
buff.ly
December 20, 2025 at 6:22 PM
How To Improve The UK: Taxation

A People Power government would use fiscal policy as the primary method of inflation control, ending the era of monetary policy dominance. We would increase tax rates if there was a risk of demand for goods and services outstripping...

#DiscoverMMT

buff.ly/rSn1xN2
Taxation | People Power
Taxation has several purposes for those with an understanding of Modern Monetary Theory. It gives value to the currency (as everyone needs to acquire it to settle their tax liabilities), to control…
buff.ly
December 19, 2025 at 7:21 PM
How To Improve The UK: Taxation

Taxation has several purposes for those with an understanding of Modern Monetary Theory. It gives value to the currency (as everyone needs to acquire it to settle their tax liabilities), to control inflation, influence consumer...

#DiscoverMMT

buff.ly/rSn1xN2
Taxation | People Power
Taxation has several purposes for those with an understanding of Modern Monetary Theory. It gives value to the currency (as everyone needs to acquire it to settle their tax liabilities), to control…
buff.ly
December 19, 2025 at 1:15 PM
How To Improve The UK: Economy

31. Discourage shell companies by requiring modest minimum capital thresholds for high-risk sectors.

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December 18, 2025 at 7:39 PM
How To Improve The UK: Economy

30. Require company directors in high-risk sectors to take out liability insurance e.g. for pension or environmental liabilities.

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December 18, 2025 at 6:21 PM
How To Improve The UK: Economy

29. Hold company directors personally liable for reckless trading, fraud, or deliberate misconduct, and lower the threshold for misconduct e.g. repeated insolvencies or use of tax avoidance schemes.

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December 17, 2025 at 8:36 PM
How To Improve The UK: Economy

28. Define cryptocurrencies legally, bring them under UK regulation via the Financial Services & Markets Act 2023, extend anti-money laundering and counter-terrorism financing rules to crypto firms, require them to register with the...

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Economy | People Power
We are the only party offering a clean break with the failed neoliberal economic model. Other progressive parties claim to, but immediately present their policies via the neoliberal macroeconomic…
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December 17, 2025 at 7:05 PM