Teaching Tax to Tories
Tuesday 31st March 2026
Easter Sunday and the UK tax year end coincide this year.
One is a joyful event, the other perhaps less so!
Whilst Christians celebrate the resurrection of Christ, UK taxpayers rue the ever-rising taxes and the negative effect they have on business and growth.
Whilst we have this wretched labour Govt I might be shouting into the wind. However, there is still some hope both the Tory and Reform parties can be made to see sense.
All politicians (and The Treasury) desperately need to learn that these high tax levels dampen growth, reducing the tax take.
We all want to see a well-funded healthcare system and a safety net for the unfortunate.
It is a matter of how we get there.
Those in business recognise the route to prosperity is hugely affected by the tax system of any given country.
There is clear evidence that jurisdictions with high taxes and large bureaucracies have slow growth.
In the property market, we see the distorting effect of high Stamp Duty and Capital Gains Tax inhibiting transaction volumes and in turn, the tax take.
Reducing the rates of these two taxes would hugely increase supply and transaction turnover. Add the extra VAT receipts from all the additional business activity around a property sale, and HMRC would be quid’s in.
I would like to see the Conservative party (or even Reform) pick up the mantra:
Reduce the tax rate - to increase the tax take.
Once their MP’s have learnt it, they can campaign on that basis.
The Electorate are crying out for a clear economic agenda which will really bring growth.
Until next time…..
The Hot Cross Bunny
Share this article
k L E D