Income taxes

Rachel Reeves should consider increasing the basic rate, just as Denis Healey did in 1975 

Upcoming increases in the minimum wage and employer NICs could make it harder for young people entering the labour force.

Scotland’s Tax Strategy is welcome but says little concrete about tax policy. And some actual tax policy is divorced from any sensible strategy. 

The UK Budget has improved the Scottish funding outlook, but tough choices loom down the line 

Scotland’s income tax rises have likely increased tax avoidance and migration – but the size of the effects is uncertain.

The increases in employer National Insurance means that employers will have to pay an additional £900 for each employee on median average earnings. 

The cut in the point at which employer NICs is paid means the largest percentage rise in labour costs is for employing lower-wage workers.

Rachel Reeves needs to deliver a clear statement of intent for the remainder of this government’s time in office

The chancellor should focus on the tax base and close loopholes to make the system fairer

We explore why CGT reform is necessary and how changes could make the tax system fairer, more efficient and more growth-friendly.

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?

What options does the Chancellor have for raising taxes in the October Budget?