I have this morning published the next in my series of proposals that will together make up the Taxing Wealth Report 2024. In this note, I suggest that
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Myths about taxing wealth and high earners
I got to the point yesterday in my work on wealth taxes where I could feel fairly confident that I had identified all the changes
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The case for investment in HMRC is overwhelming
The Institute of Chartered Accountants in England and Wales published an article this week in which they noted: Since 10 July 2023, an HMRC taskforce
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We need to raise a lot more in tax from the wealthy but that does not convince me that we need a wealth tax
I am aware that my old friend, Howard Reed, has produced the data for the TUC’s proposed new wealth tax. As the TUC say: The
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Land value taxation is a non-starter when it comes to serious tax reform
A commentator going by the name of Joe Polito has posted on the blog this morning suggesting that a desirable tax reform would be to
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We need tax reform. What we do not need is tax reform to perpetuate the status quo.
The FT has an editorial this morning that it says signals the start of a series to be published by it on tax reform. Since
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ISAs have a role in UK savings, but the creation of ISA millionaires was not one of them
As The Independent reports: The number of “Isa millionaires” has surged to more than 4,000, according to HM Revenue & Customs (HMRC) figures. Some 4,070 savers were sitting on
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There is lots of money available – if you know where to look for it
I think the time has come for me to note the project that I am working on this summer. Like so many readers of this
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The tax system is riddled with leaks that mostly benefit the rich. They need to be closed.
As the Guardian reports this morning: I entirely agree with the committee. A review of these allowances and reliefs is long overdue. Many are open
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