Abolish the Energy Profits Levy and launch a review of the current tax regime on North Sea energy to make it more predictable, so that there is more support securing domestic oil and gas production and efficient use of UK resources.
React
Members can read every reason.
Abolish the effective Tax rate of 60% on income between £100,000 and £125,140
We want the Government to abolish the effective Tax rate of 60% on income between £100,000 and £125,140, replacing it with a Tax band of 45% on income over £100,000 and removing the tapered withdrawal of Personal Allowance.
Reform UK Energy Standing Charges
Shift all non-infrastructure costs off electricity standing charges onto company profits or general taxation. Require Ofgem to separate policy levies from true network costs, make suppliers absorb bailout and policy expenses, and ensure foreign-owned firms reinvest profits into UK infrastructure.
Abolish 0.5% Stamp Duty Reserve Tax on UK-Listed Equities
In order to promote more investment in UK industry by domestic & international investors the government should remove the current 0.5% Stamp Duty Investment Tax on UK listed Equities.
Review, reform & means-test the state pension & scrap tuition fees
We urge the Government to review existing state pension entitlements and introduce the following reforms: 1) end the triple lock 2) reduce entitlements for those on existing private defined benefit schemes with an income £20,000 + 3) end state pensions for incomes over £50k.
Reopen British oil and gas fields using taxpayer funds for UK use only
We think Britain has huge gas and oil resources that we are not utilising. We have very low storage capacity for those we import.
Abolish the Energy Profits Levy and launch a review of the current tax regime on North Sea energy to make it more predictable, so that there is more support securing domestic oil and gas production and efficient use of UK resources.
React
Members can read every reason.
Abolish the effective Tax rate of 60% on income between £100,000 and £125,140
We want the Government to abolish the effective Tax rate of 60% on income between £100,000 and £125,140, replacing it with a Tax band of 45% on income over £100,000 and removing the tapered withdrawal of Personal Allowance.
Reform UK Energy Standing Charges
Shift all non-infrastructure costs off electricity standing charges onto company profits or general taxation. Require Ofgem to separate policy levies from true network costs, make suppliers absorb bailout and policy expenses, and ensure foreign-owned firms reinvest profits into UK infrastructure.
Abolish 0.5% Stamp Duty Reserve Tax on UK-Listed Equities
In order to promote more investment in UK industry by domestic & international investors the government should remove the current 0.5% Stamp Duty Investment Tax on UK listed Equities.
Review, reform & means-test the state pension & scrap tuition fees
We urge the Government to review existing state pension entitlements and introduce the following reforms: 1) end the triple lock 2) reduce entitlements for those on existing private defined benefit schemes with an income £20,000 + 3) end state pensions for incomes over £50k.
Reopen British oil and gas fields using taxpayer funds for UK use only
We think Britain has huge gas and oil resources that we are not utilising. We have very low storage capacity for those we import.