Let’s give people more control and economic freedom over their assets by reforming, cutting or abolishing inheritance tax.
Inheritance Tax penalises aspiration, punishes hard work and gives the state powers to take away a person’s life savings when they pass away. It’s also a tax on earnings and assets that have already been taxed as hard-working families have their income taxed, are taxed on the assets they then …
Britain and America are about to surrender our tax sovereignty
The international plan for a global minimum tax on multinational firms – under the OECD’s so-called Pillar 2 – is destructive for both the US and the UK. We have been among the most outspoken members of our respective legislatures on this flawed policy, but the OECD and many countries continue to …
Priti to Chancellor – scrap immoral VAT on life saving defibrillators
Witham MP Priti Patel recently met with representatives from the Scrap the Heart Restart Tax campaign in Parliament in support of the campaign to scrap VAT on defibrillators. Priti spoke with Jack Hurley whose life was saved by a defibrillator when he suffered cardiac arrest while playing football. Jack and …
Priti secures agreement from Chancellor on global corporation tax concerns
Witham MP Priti Patel has secured agreement from the Chancellor of the Exchequer, Jeremy Hunt, to address concerns she had raised about the Government’s plans to press ahead with implementing a global minimum corporation tax from the end of this year. Priti has been supported by more than 25 other MPs …
The next Chancellor could spark an economic revolution with a radical, tax-cutting budget
Publication: Daily Telegraph By: Priti Patel Date: 21st July 2019 Revolutions about taxation have shaped our history. Magna Carta and the Civil War were about the power to tax. The American Revolution was sparked by a series of taxes and tariffs on tea. More recently, the Thatcher and Reagan “revolutions” …