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Ideas for improving the tax system
KEY POINTS
- The increased personal allowance is a fundamental change to the tax system.
- Recipients of universal credit will not feel the immediate benefit of tax cuts.
- Should the tax treatment of foreign domiciliaries be reformed?
- The time is for boldness in tax measures.
Five years to change tax for the better: what should the new government’s priorities be?
This was the subject of a Chartered Institute of Taxation and Institute for Fiscal Studies debate held in the Great Hall at the Royal Society of Arts in London on 3 June 2015.
It was the fourth in a series of events organised by the two institutes to exchange ideas on the future of the UK and international tax system.
The panellists were Paul Johnson director of the IFS Gavin Kelly chief executive...
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