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Britons urge Boris Johnson to monitor and increase tax for corporations

Maynard Championby Maynard Champion
September 13, 2021
Reading Time: 3 mins read
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Britons urge Boris Johnson to monitor and increase tax for corporations

Voice of Britain

British nationals have called on the UK’s Prime Minister and the Leader of the Conservative Party, Boris Johnson to consider increasing the tax paid by corporations.

The call from Britons to the Prime Minister, comes in the wake of the recent decision to raise National Insurance contributions.

Boris Johnson, earlier this year “introduced the highest rise to National Insurance contribution that the country has ever seen after a devastating 18 months of government purse strings”.

In the meantime, the beginning of April 2022, will witness National Insurance surge by 1.25 percent.

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Uk’s cabinet signed up on Tuesday 7th September to the “controversial 1.25 percentage point increase in National Insurance Contribution”.

This extra levy is intended to affect working pensioners as well as earnings made from shares for persons aged 65 and over, reports disclose.

The UK government on this note is “expected to raise approximately £12 billion from the tax hike”, to help finance “Covid-19 recovery for the NHS in the first years and later to reform the UK’s social care system”.

Not only has Britons raised concerns about the increase in NHS contributions, Politicians have also raised similar concerns as they reveal that ordinary families will be affected the most.

Also, Gina Headdon, a campaigner for Women Against State Pension Inequality (WASPI), in a tweet disclosed that “today’s pensioners have already contributed to previous generations’ pensions and paid taxes for years”.

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The social media world was not left out, as Britons took to social media to express their outrage at the Prime Minister’s decision to break his manifesto promise.

As part of Leader of the Conservative Party’s manifesto promises prior to his election into office in July 2019, he promised Britons of “not raising income taxes, and to include pensioners in the social care tax after a lifetime of paying National Insurance”.

Division among the British

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The decision by the Conservative Party leader to increase the NHS contribution in the UK has resulted in a division among Britons.

Recent data released from a survey by Express.co.uk indicated that “the British public are split over the decision with many calling for a rise in corporation tax and cuts in foreign aid”.

The survey which was held from 7th September to 10th September, welcomed about 9,379 respondents. From the survey’s results, 49.8 percent of the respondents were in support, whereas 49.2 percent were not in support of Boris Johnson’s decision concerning the NHS contribution.

Many respondents of Express.co.uk argued that the Government cannot be blamed for breaking its promise not to raise taxes, because they could not have ‘seen Covid coming’ or predicted the pandemic’s financial cost to the NHS.

However, other respondents felt that raising National Insurance was not the right way to raise funds for the health care system.

In the meantime, comments reaching the Express.co.uk, suggests that government “should have taxed Facebook, Google, and Amazon instead”.

Some other comments suggested that should “close the loopholes that the wealthy use to avoid tax, and those used by the likes of Amazon to declare their UK profits elsewhere to avoid tax”.

Similar comments urged government to “Stop second homeowners from declaring their second house as a business to avoid Council tax before taking more from the hard-pressed PAYE worker”.

READ ALSO: More profitable to practice group lending – Association of rural banks

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