Your Pay slip, Simplified. A Fairer Tax System for Britain.
The UK's tax system is broken. It's a confusing labyrinth from a bygone era that penalises work and creates bizarre unfairness. Your payslip shouldn't be a puzzle.
It's time for a clear, workable, and fiscally responsible plan for the 21st century.
The Problem: A Broken Promise
National Insurance was born from a just cause. Introduced over a century ago, it was founded on the principle of partnership:
workers would pay contributions to build a personal entitlement to benefits, like the State Pension, "as of right." It was a social contract between you and the state.
But that promise is now a lie.
The link between what you pay in and what you get out has been broken. National Insurance is now just a second tax on income,
creating needless complexity and penalising hardworking people.
The money is not saved for your future. It is not fit for purpose. It's time to end the fiction and scrap the system.
Our Proposal: A Fairer System for All
Our AI generated proposal is to replace this outdated system with a single, common-sense tax on income.
This is a bold reform designed to put money back in your pocket, create jobs, and put our nation on a sound financial footing.
The Plan: Scrap National Insurance and Create One Simple, Fairer Tax
Our plan is straightforward:
- We will scrap National Insurance entirely. This complicated and confusing second tax on work will be abolished.
- We will create one simple tax on income. Instead of two sets of rules, thresholds, and rates, there will be just one.
Under this new, honest system, the rates will be clear, transparent and predictable:
- You will pay no tax on the first £12,000 you earn. The tax-free personal allowance is protected.
- On income from £12,001 to £50,000, the rate will be 35%.
- On income from £50,001 to £120,000, the rate will be 45%.
- On income over £120,000, the rate will be 50%.
What Does This Actually Mean for Your Take-Home Pay?
By combining two taxes into one, we can finally be honest about tax rates.
While the new headline rates might look different, for most people, the amount of tax you pay will be very similar to the combined total you pay now
but it will be more than now as have to pay down the National Debt.
The key is that you will no longer be paying National Insurance.
Here’s how it works out in the real world:
- For someone earning the minimum wage £22,183: Your total tax paid as a percentage of your income (your effective tax rate) will be just 16.07%
- For someone on the UK median salary £31,602: Your effective tax rate will be just 21.71%
- For someone on the UK salary £48,000: Your effective tax rate will be x%
- For someone on the UK salary £75,000: Your effective tax rate will be x%
- For someone on the UK salary £120,000: Your effective tax rate will be x%
This change creates a transparent and honest system where everyone pays their fair share, with the money raised going directly to fund our public services.
Why This Is a Better System for Britain
- Simplicity and Honesty: You will finally know exactly how much tax you are paying. No more hidden taxes or confusing payslips.
- Predictability: A simpler system makes it easier for you and your family to plan your finances.
- Fairness: Everyone will pay their fair share under a single, progressive system.
- Fiscal Responsibility: This reform provides a clear and stable source of revenue to fund our NHS, schools, and police, while allowing us to responsibly pay down the National Debt.
This is a landmark reform to create a tax system that is finally fit for the 21st century—one that is simple, fair, and works for everyone.
Boosting British Jobs by Cutting the 'Jobs Tax'
The Problem: A Tax on Employment That Holds Britain Back
Right now, for every person a business employs, it must pay a heavy tax in the form of Employer National Insurance.
This is a direct tax on creating jobs. It makes it more expensive for businesses—especially small and medium-sized ones—to hire new staff, expand their operations,
and even give their existing workers a pay rise. This 'Jobs Tax' suppresses wages and slows down our entire economy.
Our Plan: A Two-Part Reform to Fuel Job Growth
Our AI proposal is a simple, powerful overhaul designed to make it cheaper for businesses to hire and to ensure the system is fair for everyone.
- Cut the 'Jobs Tax' for All Businesses: We will cut the main rate of Employer National Insurance significantly, from 15% down to 10%.
This is a direct tax cut for every business that employs staff. It will immediately make it more attractive and affordable to hire people,
creating a surge in new jobs and reversing the sentiment on empoying people and providing greater economic security for workers across the country.
- Introduce a 'Corporate Executive Surcharge' for Fairness: To ensure fairness and that the highest earners contribute the most,
we will introduce a new 20% Corporate Executive Surcharge on salaries above £250,000.
This is not a tax on business; it is a specific charge on the very largest individual pay packages.
Why This Plan Works for Britain
This reform is designed to be a win-win for our economy and society.
- More Jobs for British Workers: By making it cheaper to employ people, businesses will be encouraged to create more jobs,
from entry-level positions to skilled roles.
- An Incentive for Mainstream Job Creation: The surcharge on top-end salaries creates a powerful incentive for companies to invest in hiring more mainstream workers
rather than paying out excessive executive salaries.
- Strengthens Our National Finances: This plan is more than self-funding.
The revenue generated from the surcharge will not only pay for the cut in the 'Jobs Tax' but will also be ring-fenced to help pay down our national debt.
We are turning a tax that holds our country back into a powerful tool for job creation and fiscal responsibility.
This is a plan for a stronger economy and a fairer society.
A Fairer Deal for Our Expats and UK Taxpayers
The Problem: An Outdated System That's Unfair and Confusing
For decades, UK citizens overseas have been able to make voluntary National Insurance contributions to build up their entitlement to the UK State Pension.
While we support this principle, the current system is no longer fit for purpose.
- It's Confusing: The rules are complex and many expats are unsure how much to pay or what they will get in return.
- It's Unfair to UK Taxpayers: The contribution rates for expats are heavily subsidised.
This means taxpayers in the UK are effectively topping up the future pensions of people living abroad, at a significant cost to the Treasury.
- It's a Missed Opportunity: The current system is a net cost to the country. We believe it can be transformed to benefit everyone.
Our Solution: The Non-Resident Pension Contribution Scheme
We will replace the current complex system with a clear, simple, and fair alternative.
Our new Non-Resident Pension Contribution Scheme is designed to be transparent and self-funding.
It will work on a straightforward two-tier basis:
- Tier 1: Foundational Pension Entitlement: This tier will allow expats to make a standard contribution to secure a guaranteed, foundational UK State Pension.
- Tier 2: Full Pension Entitlement: For those who want to receive the full UK State Pension, this tier will involve a higher contribution that reflects the true,
unsubsidised cost of providing this world-class, inflation-linked income for life.
Why This is a Better, Fairer System
This new approach creates a win-win situation.
- For Our Expats: It provides a clear and secure path to a guaranteed UK State Pension.
You will know exactly what you are paying for and what you will receive, allowing you to plan for your retirement with confidence.
No more confusion, just certainty.
- For UK Taxpayers: It ends the unfair subsidy. Your taxes will no longer be used to fund the pensions of those living overseas.
The scheme will pay for itself, ensuring fairness for everyone who contributes to our system.
The Result: A Stronger UK for Everyone
By asking expats to pay a fair price for a valuable benefit, we can turn a significant annual cost into a new source of revenue.
This additional income will be used to strengthen our public finances and pay down the national debt. This is not just an accounting exercise;
it means more resources available for the public services we all rely on, like the NHS, and a more secure economic future for the entire country.
This is a common-sense reform that delivers fairness, clarity, and a stronger United Kingdom.
Ensuring Everyone Pays Their Fair Share
- A Modest Contribution from Major Lottery and Premium Bond Wins
The Proposal: We will introduce a modest income tax on large lottery and Premium Bond winnings over £1,000.
Why it's Fair: Most people work hard for their income and pay tax on it.
It seems only right that those who receive a life-changing windfall also contribute a small portion to our national recovery.
This change ensures that smaller wins are completely protected, while asking for a fair contribution from the largest prizes.
The revenue generated will go directly towards funding our NHS, schools, and essential local services.
- A Simple Annual Fee for Non-Domiciled Residents
The Proposal: We will introduce a clear, simple £50,000 annual flat-rate charge for "non-domiciled" residents who wish to keep their foreign income outside of the UK tax system.
Why it's Fair: "Non-doms" are individuals who live in the UK but are officially registered for tax purposes in another country. This currently allows them to avoid paying UK tax on the income they earn abroad.
Our plan provides certainty and clarity.
It ensures that those who choose to live in Britain and benefit from our country's stability, infrastructure, and culture make a reliable and fair contribution to the UK Exchequer.
This keeps Britain competitive in attracting global talent while guaranteeing a substantial contribution to our public finances.
- Closing Loopholes for a Robust Tax System
The Proposal: We will launch a full review of complex financial structures, like trusts, that are often used purely for tax avoidance.
Why it's Fair: For too long, the wealthiest have been able to use an army of expensive lawyers and accountants to exploit loopholes and avoid paying their fair share. This undermines the integrity of our entire tax system and places a heavier burden on ordinary working people and businesses who follow the rules.
By reviewing and closing these loopholes, we will make our tax system more robust and ensure that the rules apply equally to everyone, no matter how wealthy they are.
This action will strengthen our public finances and help us tackle the national debt, creating a stronger, more prosperous UK for all.
