The £2bn lawyer tax – should Rachel Reeves tax LLPs?
Doctors, lawyers, accountants, fund managers, and other high earning professionals are often members of partnerships and LLPs. They’re not employees
21 October 2025
Doctors, lawyers, accountants, fund managers, and other high earning professionals are often members of partnerships and LLPs. They’re not employees
The Government needs money. Council tax is regressive – high-value properties pay a trifling sum in comparison with their value.
There has been a huge amount of controversy over the inheritance tax changes in last year’s Budget. They raised £500m,
New data suggests that one third of the farm estates affected by the Budget changes aren’t owned by farmers –
Between 2018 and 2022, almost 660,000 people on low incomes received a penalty for not filing a tax return on
Gabriel Milland of Portland Communications has published polling conducted by the Portland research team in early October. Gabriel takes some
Rachel Reeves has said there is a £22bn “black hole” in the public finances, and that she’ll have to raise
Property taxes are probably more in need of reform than any other area of UK tax. We have three taxes
It is a national scandal that teachers, doctors and others earning fairly ordinary salaries can face marginal tax rates of
Capital gains tax (CGT) is currently both too high and too low. It taxes investors at too high a rate
Stamp duty was one of the triggers for the American Revolution. Somehow, 250 years later, we still have it. That
This Government was elected on a platform of kickstarting economic growth. It has a large majority, and four or five
Offshore secrecy is a problem. Tax avoidance, tax evasion, sanctions evasion, drug cartels, corruption, questionable government contracts – all have
BBC Merseyside is reporting on a ludicrous attempt to avoid business rates using snails. It is so stupid that I
Updated polling evidence from Tax Policy Associates and WeThink shows that half the public doesn’t understand a basic principle of
New polling evidence from Tax Policy Associates and WeThink shows that half the public doesn’t understand a basic principle of
It’s being reported that Jeremy Hunt is considering abolishing the non-dom regime. Some are suggesting he’s thinking of stealing Labour’s
The recent publication of Rishi Sunak and Keir Starmer’s tax returns brought into focus the large difference between the marginal
Thanks to WeThink (formerly Omnisis), we’ve conducted some opinion polling on inheritance tax. The polling confirms that inheritance tax really
It’s a common complaint that the UK tax system is much too complicated. That complaint is correct. Some of the