Tax Fairness

Tax Fairness

Over the weekend, John McDonnell promised that Income Tax would not rise for most of the country but that a higher rate would be levied on those earning more than £80,000. Tax reform can be pretty technical; and so one needs to look at one or two things without losing sight of the idea that the richer should pay their share. Each tax payer has a personal allowance of £11,500 i.e. the first £11,500 of earnings is not taxed; this is clawed back if one’s income is £100,00 or more by levying a 60% marginal rate on those earning between £100,000 and £121,200. There is probably enough room for a new additional rate between the 40% levied at £42,000 and 60% levied at £100,000 and £80,000 p.a. is a lot of money; only 3% of income earners get that much. It will remain necessary to increase the amount paid by those earning more than £145,000 and redress the regressive nature of National Insurance, which negates much of the 20% band, converting it into a 32% tax burden. Labour’s promise is also that there will be no increase in employee NICs nor in VAT, although again that’s not enough … VAT has to come down from 20%. …

Parliamentary Sovereignty’s best sell by date

Parliamentary Sovereignty’s best sell by date

I went to the Labour Campaign for Human Rights meeting in the Commons yesterday, the keynote speaker was Kier Starmer, the Labour Brexit spokesman. He opened his speech stating he had voetd “Remain” based on jobs and rights and woke up on 27th June asking what world we live in. He argued that now we needed to accept democracy and that UK’s politics is about the new relationship with the EU. He argues we need to re-root our rights in UK law! (What like the Human Rights Act?) Labour is proposing a new Law to transcribe the EU’s rights and protections into UK law, but under the Tories this will be weak since the Tories are not planning to bring the “Fundamental Charter of Rights” across into UK law. …

And out of the traps

And out of the traps

Labour has selected Vicky Foxcroft, the sitting MP to stand as Labour’s Candidate for MP in Lewisham Deptford. I am pleased to support her and already have my “Vote Labour” poster up. Anyone who thinks that this election is about anything other than Brexit is fooling themselves. She was one of the rebels who broke the whip to oppose the bill authorising the UK’s Article 50 notice, an action I supported. Corbyn has a problem in presenting Labour’s policy as he needs/wants to say one thing about winning and being in Government, and another should we lose. …

Fines, Enforcement and good faith

Fines, Enforcement and good faith

We then considered enforcement trends. The total number of fines is going up; the maximum under the DPA is £½ m, the maximum under the GDPR will be €20m or 4% of global turnover. Today the ICO can fine under two laws, the Data Protection Act and the Privacy and Electronic Communication Regulation (PECR),  which regulate Data Controllers and Processors and direct mailing houses respectively. The ICO have taken more interest in the DPA since they gained fining powers. This note looks at the record in court, the change in enforcement powers, and notes that the preponderance of fines have been levied due toinadequate technical protection. …