After Mirrlees: how to build pathways to a tax system fit for today's work patterns

Showing 1 - 4 of 4 results

Book graphic

Principles and practice of taxing small business

Book Chapter
The UK taxes business income at much lower rates than employment income. In this chapter we describe the problems caused by that differentiation and assess the main arguments used to defend it. We summarise the Mirrlees Review’s proposals for radical reform that would align tax rates across legal forms while protecting incentives to save and invest. Finally, we consider the obstacles to implementing such a radical reform and suggest an approach to making progress in practice.

15 October 2020

Article graphic

Reform to recover

Comment

The tax system discourages employment, investment and risk-taking. It needs reform, say Stuart Adam and Helen Miller.

25 February 2021