Watch out, the taxman cometh!
I t’s that time of year when the taxman wakes up. What I find disconcerting is the way people save and on some savings, say Bank interest for instance or savings put away in a Bond of some sort then are taxed at 20%. Although he taxman allows a paltry £1,000 free. So, a person puts hard-earned money away, perhaps over a life-time and then some of it get taxed! Of course there are savings systems that are free of tax and one would be well advised to take those. But it is not always convenient or possible. One can talk, even swear, about taxation but a valid question would be, what is done with all that tax? Does a country, it’s chosen leadership, spend it wisely? It ought to be obvious that taxation is a necessity, simply because as a society we need certain things. That is to say all of the people that live, resid ing in a nation. We need a certain amount of social care, we need to protect ourselves with an army and we need a number of people who lead the system and projects its cour...