Tag Archives: taxation

Most discussion on what’s happening to the housing market focuses on whether it is overheating again, as the government’s Help to Buy scheme helps to inflate another housing bubble. A less-noticed problem, however, is what the housing market does to … Continue reading

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The Labour leadership is evidently never going to accept that pre-crash overspending was responsible for the deficit, and with good reason. Under Labour, the UK entered the recession with a structural current deficit of only 0.6 per cent of GDP. … Continue reading

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In The Times yesterday, the commentator and confidant of the chancellor, Danny Finkelstein, penned an intriguing article calling for a new ‘NHS tax’. It merited attention not because it called for an hypothecated tax for the NHS – an idea … Continue reading

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The Independent today reports on the IPPR’s analysis of the Liberal Democrats’ proposal to increase the personal tax allowance to £10,500 in 2015. Using our tax-benefit model, we calculate that this would cost around £1.28 billion (2013 prices) – a … Continue reading

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George Osborne is widely regarded as a very political chancellor. So yesterday’s announcement, in his speech to the Conservative conference, that a Tory majority government after the next general election would aim to run a budget surplus before the end … Continue reading

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Nick Clegg has got the headlines he wanted today. The Liberal Democrats are sticking to the course of fiscal prudence and he’s seen off the social democrats in his ranks who wanted a different strategy.

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In 2015, the general election will be fought without clear spending plans set beyond the first fiscal year, as it was in 2010. There will be one key difference, however: the Office of Budget Responsibility will set out five-year fiscal … Continue reading

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Sweden’s finance minister, Andreas Borg, cuts an impressive figure, and not just because he sports a ponytail and earring. He has steered the Swedish economy through troubled times in Europe, avoiding a double-dip recession while keeping its public finances in … Continue reading

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Ed Miliband made waves last week with his plan to bring back the 10p rate of income tax, funded by a mansion tax. Most political commentators liked it: it was a genuine surprise, sowed division in the Coalition, and got … Continue reading

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In the run up to a budget or autumn statement, one piece of paper becomes the most important in Whitehall: the scorecard. This is the table which sets out the net effect of the government’s planned decisions: how much is … Continue reading

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