Proposal for Licence Payer switch to Shareholder Scheme for a BBC PLC

My proposal in summary is this.

Draw up a white paper for discussion in the house of commons principal points being:

Privatisation of the BBC. With the introduction of a Licence Payer to Shareholder Scheme. The Share sheme would be planned to take place within this parliament, or within a four to five year period. It would legislate to provide an equally designated number of shares to each licence fee payer who was registered as having paid their television licence for four years following the passing of the 'BBC People's Share Bill'. This would result in an increase in licence fee payment over the period preceding the PLC flotation and would provide a strong springboard for the future prosperity of the new status organisation. It would also give the corporation an opportunity to 'get its house in order', by the application of good working practices and increased efficiency currently the norm in private sector firms.

The corporation would be floated on the basis of 75% licence payer to shareholder with HM Government holding a 25% share in the new organisation.

Those people who have chosen to avoid the tax in the past and continue to do so, for what ever reason, will not benefit form this scheme, and their argument would be untenable.However if they 'repent' for want of a better term, and pay the licence over the 4 year period they would receive a holding, again the extent of their rights and therefore their holding based on payment in previous years could be looked at as it is likely that diligent licence payers over many years would object to equal shares. However the structure of the fair allocation of stock would be an issue ironed out as the bill progresed through the house of commons.

The BBC is an organisation that has become increasingly anomylous over the last two to three decades. It is funded by the british tax payer but operates in many ways as a private company, with vast property assets and revenue streams which are not enjoyed by those who fund it.

Its impartiality has been drawn into question and its largely unaccountable Trust body and Executive in general being viewed as one of the bigger Quangos, presiding over gargantuan sums of public money, and appropriating it as they see fit.

With increasing areas of concern arising around the payment of massive presenter salaries from public money, which are regarded as obsene by many tax payers, I for one believe that it is time that the BBC became a public limited company, with Licence payers becoming shareholders having a say and seeing a return on their investment.

This would, I feel, increase revenues through TV Licencing, with the current Block grant being capped with the remaining revenue to the treasury to address the pressing economic black hole.

The BBC should be allowed to harness its huge network to canvas commercial revenues through advertising for a period of one or two years during the four year build up to flotation further strenthening its financial position to operate without the need for public funding following flotation and providing a platform for a strong valuation in hwat will hopefully be a more favourable economic landscape than that which we face today. These measures, in principle, would surely represent a significant saving to the people of this country in the longer long term, with the treasury benefitting from substantial tax revenues and stock dividends from the new company.

Alan McCusker

 

Why is this idea important?

My proposal in summary is this.

Draw up a white paper for discussion in the house of commons principal points being:

Privatisation of the BBC. With the introduction of a Licence Payer to Shareholder Scheme. The Share sheme would be planned to take place within this parliament, or within a four to five year period. It would legislate to provide an equally designated number of shares to each licence fee payer who was registered as having paid their television licence for four years following the passing of the 'BBC People's Share Bill'. This would result in an increase in licence fee payment over the period preceding the PLC flotation and would provide a strong springboard for the future prosperity of the new status organisation. It would also give the corporation an opportunity to 'get its house in order', by the application of good working practices and increased efficiency currently the norm in private sector firms.

The corporation would be floated on the basis of 75% licence payer to shareholder with HM Government holding a 25% share in the new organisation.

Those people who have chosen to avoid the tax in the past and continue to do so, for what ever reason, will not benefit form this scheme, and their argument would be untenable.However if they 'repent' for want of a better term, and pay the licence over the 4 year period they would receive a holding, again the extent of their rights and therefore their holding based on payment in previous years could be looked at as it is likely that diligent licence payers over many years would object to equal shares. However the structure of the fair allocation of stock would be an issue ironed out as the bill progresed through the house of commons.

The BBC is an organisation that has become increasingly anomylous over the last two to three decades. It is funded by the british tax payer but operates in many ways as a private company, with vast property assets and revenue streams which are not enjoyed by those who fund it.

Its impartiality has been drawn into question and its largely unaccountable Trust body and Executive in general being viewed as one of the bigger Quangos, presiding over gargantuan sums of public money, and appropriating it as they see fit.

With increasing areas of concern arising around the payment of massive presenter salaries from public money, which are regarded as obsene by many tax payers, I for one believe that it is time that the BBC became a public limited company, with Licence payers becoming shareholders having a say and seeing a return on their investment.

This would, I feel, increase revenues through TV Licencing, with the current Block grant being capped with the remaining revenue to the treasury to address the pressing economic black hole.

The BBC should be allowed to harness its huge network to canvas commercial revenues through advertising for a period of one or two years during the four year build up to flotation further strenthening its financial position to operate without the need for public funding following flotation and providing a platform for a strong valuation in hwat will hopefully be a more favourable economic landscape than that which we face today. These measures, in principle, would surely represent a significant saving to the people of this country in the longer long term, with the treasury benefitting from substantial tax revenues and stock dividends from the new company.

Alan McCusker

 

Scrap the TV licence fee(TV Tax)

Scrap the TV licence fee!

The BBC is not a necessity so why are we paying for it?

With 40% cuts in the pipeline why not cut the licence fee by 40%. Better still; put the money to good use e.g. a health plan for the elderly, nursing homes etc. Scotland doesn’t have to pay for this.

The head of the BBC moans that no other TV station has to reveal money that goes to the highest paid! But no other TV station is funded by Tax Payers!!!

It’s time the BBC paid for itself. Advertising at the end of programs will not interfere with viewing! I'm not suggesting scrapping the BBC just the public funding.

There are many good uses for the TV tax so let’s sort it out now or remove it altogether!!!

Why is this idea important?

Scrap the TV licence fee!

The BBC is not a necessity so why are we paying for it?

With 40% cuts in the pipeline why not cut the licence fee by 40%. Better still; put the money to good use e.g. a health plan for the elderly, nursing homes etc. Scotland doesn’t have to pay for this.

The head of the BBC moans that no other TV station has to reveal money that goes to the highest paid! But no other TV station is funded by Tax Payers!!!

It’s time the BBC paid for itself. Advertising at the end of programs will not interfere with viewing! I'm not suggesting scrapping the BBC just the public funding.

There are many good uses for the TV tax so let’s sort it out now or remove it altogether!!!

Reduce Age at which TV licence is free & reduce the fee for all others

The age of 75 should be reduced.  I am only 40, and I know It's a disgrace that people over 65, retired, have to pay a licence fee.  What sort of a society takes from the elderly to line the pockets of weatly presenters and tv bosses. 

I also think it's too expensive for what it is, most of the money taken from fee payers is wasted on managers salaries and expenses, as well as presenters (who frankly aren't that talented or worthy of the amounts paid).  It should be reduced to a reasonable amount for everyone else.

 

Why is this idea important?

The age of 75 should be reduced.  I am only 40, and I know It's a disgrace that people over 65, retired, have to pay a licence fee.  What sort of a society takes from the elderly to line the pockets of weatly presenters and tv bosses. 

I also think it's too expensive for what it is, most of the money taken from fee payers is wasted on managers salaries and expenses, as well as presenters (who frankly aren't that talented or worthy of the amounts paid).  It should be reduced to a reasonable amount for everyone else.