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Health Research Tax on all UK Taxpayers - let's finally cure Cancer and the rest

Submitted on Monday 15th August 2016

Published on Tuesday 16th August 2016

Current status: Closed

Closed: Thursday 16th February 2017

Signatures: 26

Tagged with

Dyson ~ HMRC ~ month ~ Tax ~ UK

Petition Action

Health Research Tax on all UK Taxpayers - let's finally cure Cancer and the rest

Petition Details

A new tax used to fund Health Research, a small amount taken every month from all taxpayers and used to fund medical research. Suggested monthly figure for UK tax brackets:

Basic - 40p
Higher - 50p
Additional - £1

Such a small amount per person will generate £100m+ per year (HMRC Stats).

Additional Information

Based on HMRC Stats for 2016 tax year:

24.7m Basic rate = £9.8m
4.4m Higher rate = £2.2m
0.3m Additional rate = £0.3m
Total = £12.4m p/m

Funds to be given to single disease until cured then move to next (order TBD).

Suggest management board made of unpaid visionaries who are only interested in making the world better (i.e. Musk, Branson, Dyson etc.)

The Ice Bucket Challenge raised £87m for ALS research leading to the discovery of a gene that will allow them to start developing treatments.


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