This report highlights 10 key facts about UK tax and public finance policy that will underpin the choices faced by governments in coming decades.

This report discusses the temporary full-expensing policy and whether it should be made a permanent part of the corporate tax base.

This report gives a high-level overview of tax policy across the period 2010 to 2024. An appendix summarises the main tax policy changes. There are some clear distinctions between the governments before 2019 (including the coalition government of 2010-15) and the governments from 2019. Most...

In this book, we examine in detail some of the key risks to the Chancellor’s plans for reducing the deficit. We set out in detail what has been happening in the housing market and the role of government policies aimed, at least in part, at boosting homeownership. We also document what has been...

Business owners have been the fastest-growing part of the UK labour force since at least 2000. Between 2000-01 and 2015-16, the number of employees grew by 15%, while selfemployment (including those operating as a sole trader or as a partner in a partnership) grew by 25% and the number of...

The parts of the UK tax system that dictate how different forms of income are taxed are of central importance and are not fit for purpose. There is a large, unjustified and problematic bias against employment and labour incomes and in favour of business ownership and capital incomes. The tax...

Should the government raise capital gains tax in the Budget? What is the case for reforming capital gains tax? What are the options for reform?