Pointless taxes that should be abolished #2: the bank levy
The bank levy is a highly complex and distortive tax which serves no purpose other than raising money from banks
14 July 2023
The bank levy is a highly complex and distortive tax which serves no purpose other than raising money from banks
Companies House’s rules were created in an era of trust, where incorporating a company took time and expertise. Automation made
There are currently high-profile campaigns to scrap VAT on sunscreen, and scrap VAT on public electric vehicle (EV) charging. The
No. It’s a terrible idea. Here’s why. How the UK system currently works The UK taxes individuals based on their
Stamp duty was one of the triggers for the American Revolution. Somehow, 250 years later, we still have it. That
Tax Policy Associates has new data suggesting that around 26,000 businesses are stalling their growth for fear of hitting the
The UK taxes high-earning lawyers less than bankers. That’s irrational – and illustrates a wider problem with the tax system.
We all pay stamp duty when we buy a house. But there’s a well-known trick: have your house owned by
You’re about to sign on the purchase of the Oblong – a £1bn glass monolith in the centre of the
The two biggest tax-cutting Conservative Chancellors in British history both increased capital gains tax – and for good reasons. Jeremy
Well-intentioned bodges to the UK income tax system have created anomalously high marginal tax rates for people earning between £50-60k
Thanks to a new paper, we can put numbers on the non-dom regime – the assets it covers, and the
If we wanted to raise significantly more than the Government’s £5bn Energy Profits Levy, how would we do it? This
Bob Bob is a 70-year-old with £5m of investments which he wants his children to inherit. But he’d like to