A 5% tax for working from home, anyone?
This one has got me in a spin today. When I initially read it, my first impulse was to fall off my chair in disgust - how could they suggest that businesses that have had the agility, flexibility and adaptability to pivot when forced to weather the harshest of storms should be penalised for doing so (and continuing to do so)? Of course, not all businesses CAN do this, and I accept that, but that doesn't necessarily mean that those that can should be penalised for their success, does it?
Won't this just encourage businesses to reduce flexible working and force people back into the office?
I've calmed a little since my initial reaction, and I can see some reasoning behind it however it still seems a little like robbing Peter to pay Paul to me. In a way though, isn't that how tax works? Those who are prospering pay more tax to support those who are not - that is the society we live in and benefits so many in so many ways.
I'm torn on this one though.
#financialadviser #taxes #financialadvice
Working from home should be taxed 5%, says Deutsche Bank
independent.co.uk •
