What are the options for reforming pensions taxation?
There are various reforms that could improve the targeting of pension saving incentives or alleviate inequities in the current system.
Are preferential tax rates for the self-employed justified?
Lower headline tax rates on self-employment than on employment aren’t justified by differences in benefits or employment rights, and are poorly targeted at improving investment incentives.
Should income from business be taxed like income from employment?
There is a strong case to tax business income at the same rates as employment income – if the tax base is also reformed.
Should tax be used to encourage entrepreneurship?
There are reasons to promote entrepreneurship, but low headline tax rates on income from business are poorly targeted at that goal.