A few year back one of the new countries formed when yugoslavia got split up came up with the idea on personal tax to pay 20% for everyone up to 15k. Then 18% from 15-25K & 16% on 25-35K. It was to encourage the more wealthy to stay in the country & pay taxes instead of moving money outside. Wonder how this would work in the UK.
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How about paying less tax the more you earn? "Not so daft"
- Thread starter Collectors
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We (UK) managed to rid ourselves of about 10k tax dodgers, thankfully.
Good riddance. Fook em.
Spoken by the only builder in the country that only accepts payment by bank transfer and won’t let dirty cash touch his hands.
Not absolutely sure, but i think it was Montenegro .
Exactly!
Spoken by the only builder in the country that only accepts payment by bank transfer and won’t let dirty cash touch his hands.
Although…….No cash = no cash jobs.
Who are they then?
I don't have their personal details.
Are you referring to Rich people leaving the UK or people on benefits
Potholes wouldn’t be filled and hospitals would close. The super rich don’t want to pay any tax. Low tax as a political aim is misplaced. You need to identify what a good level of public services will cost and tax accordingly
My builder does that, the cash economy appears to be on the rise.
They clearly ditched it since. (To be clear, I'm sceptical it ever existed)
Montenegro - Individual - Taxes on personal income
Detailed description of taxes on individual income in Montenegro
taxsummaries.pwc.com
Why do you think they've moved to the more conventional taxation model?
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