Tax

Clegg takes wrong turn on tax

The deputy prime minister’s plan to raise personal allowances is a very expensive way to help the ‘squeezed middle’. There must be a better approach Read more

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Chuck out the deficit, Swedish style

Should we extend the British love affair with all things Scandinavian – from Ikea to its crime series – by modelling our deficit reduction strategy on Sweden’s? Read more

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Executive pay: a taxpayers’ issue too

If Cameron really means business on the issue of senior business executives’ remuneration, he should start by getting the public sector to flex its procurement muscles Read more...

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Tobin’s time has come

The path to a Tobin tax on financial transactions has been unconventional and is not yet complete. But adoption could bring a number of benefits and is surely just a matter of time Read more

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Power to the people

We could be seeing a revolution in renewable energy if tax breaks for the rich are used to encourage the growth of solar, wind and water power in communities across the country Read more

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Time to raise income tax?

With the government running out of financial options and a European economic crisis imminent, ministers have to start thinking the unthinkable Read more

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Business rate and Tif reforms are no solution

Tinkering with the business rate and promoting Tax Increment Financing are no solution to the problems facing local government funding Read more

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Scaremongering on the 50p top tax rate

Only 1 per cent of the population earn enough to pay the 50p top tax rate. So why all the fuss? Read more

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Getting into a TIF: the pitfalls, by David Cox

Tax Increment Financing has attracted a lot of comment and debate in recent months.  TIF is, of course, one of a number of tools which the coalition government proposes to make available to assist local authorities with regeneration.  TIF schemes enable authorities to borrow to fund infrastructure to kick-start new development, with the consequential increase in business rates being used to repay the bonds.  It therefore provides a degree of ‘additionality’ created by extra development and (less immediately and directly) by increased property values. Read more...

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Make a principle of not avoiding tax, by Steve Richards

The forthcoming National Audit Office review of Revenue & Customs, high-profile alleged tax avoidance cases and Richard Murphy’s ‘There is an alternative’ (Public Finance, October 8, 2010), all raise the question whether we accountants have a conflict of interest on tax. Read more...

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