alt Hacker Newshttps://www.adamsmith.org/blog/apparently-the-nhs-is-the-wor...
https://www.england.nhs.uk/wp-content/uploads/2020/02/removi...
nhs is famous dumb and has spent years trying to stop using fax machine. £330 million is nothing over a few years.. NHS budget for 2024/25 is circa £242 billion.
the entire annual intake from capital gains tax is £20 million or so
Replies
gmerc • today at 5:37 PM
"dumb". Call it what it is, corruption
LightBug1 • today at 12:43 PM
Don't care. I don't want any of the wankers over there at Palantir involved with the NHS.
(source: a UK voter)
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I think you mean £20 billion for that latter figure. This is largely because a significant amount of assets are held in ISA's (£20k a year contribution per person allowed) , or via personal property which is capital gains exempt or in a pension which is again, capital gains exempt.
Thus only the wealthiest are outside these boundaries, and they often will not liquidate holdings until their death to pay inhertiance tax, or in trusts which will liqudiate over decades as they can pay inheritance tax over a very long period.
This is not to mention the large amounts of off-shore holdings.