This policy paper argues for a rebalancing of the business taxation system. It sets out a series of reforms aimed at achieving a fairer burden of taxation between different kinds of businesses and taxpayers, while supporting employment, wages and investment. It proposes a fiscally-neutral increase in the rate of corporation tax, alongside a reduction in employers’ national insurance contributions; and an increase in the base for corporation tax through a simplification and reduction in reliefs and allowances. It also proposes the introduction of an Alternative Minimum
Corporation Tax in order to reduce profit shifting by multinational corporations, alongside greater support for international efforts to combat tax avoidance.
Social housing need of the hour amid homelessness crisisAt a time when the social housing waitlist is weighed down with hundreds of thousands of people, the Scottish government has planned to reduce approximately £200 million in investment in social housebuilding. This could be disastrous and…
Health leaders, charities, experts and campaigners urge Chancellor to take action on ‘concerning’ state of UK health to deliver prosperity at Spring BudgetLeading health voices have written to Chancellor Jeremy Hunt to urge him to deliver a bold strategy to transform UK health and deliver nationwide prosperity.
Snakes and ladders: Tackling precarity in social security and employment supportAcross the country, people are trying to make ends meet, build financial security and pursue their aspirations. But, in a vicious cycle of snakes and ladders, many are being pulled down into poverty.