Submitted on Friday 10th October 2014
Published on Monday 13th October 2014
Current status: Closed
Closed: Monday 30th March 2015
Signatures: 3
Tagged with
income tax ~ Tax ~ The Queen
Incentive prizes for paying income tax
HM Government should encourage people to pay more tax by offering annual prizes e.g. free ride on an RAF helicopter, lunch with HM The Queen; the greater the amount of tax paid the greater the prize. Prizes could be allocated within bands of tax payable so that taxpayers would be incentivised to pay more tax to win a better prize. The marginal cost to the Treasury would be minimal as taxpayers would merely participate in activities already being carried out and paid for by the taxpayer e.g. training flights, banquets etc.
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