UKIP Policies
Latest
UKIP Tax Policy
Monday, 5th December 2011
UKIP believes in merging income tax and national insurance into a flat rate income tax to greatly simplify our tax code, which currently stands at over 11,000 pages.
At the last election we opted to merge 20% basic income tax with 11% national insurance to create a 31% flat tax on all earned incomes over £11,500. As a tax cut for all, with a higher threshold, it would also take the poorest paid out of income tax altogether.
It would also mean abolishing the existing 40% and 50% income tax brackets, the latter actually costing the economy rather than taking in revenue.
For employers, UKIP aims to abolish employers’ national insurance across a parliament to end the tax on jobs. This will undoubtedly boost employment and simplify the process of employing people.
- Sovereign DrawDownload an application to play here
- ConstitutionOur new Constitution
- Patrons ClubSupporting the fight for democracy
- Join UKIPJoin UKIP or renew a membership here
- DonateMake a donation to the Party
- UKIP shopWide range of merchandise on sale
- Why UKIPThe story behind the rise of UKIP
- Our PoliciesUKIPs manifesto and range of policies