Tag Archives: council tax

Institute of Economic Affairs Suggest Scrapping 20 Taxes

The London based Institute of Economic Affairs (IEA) has suggested repealing some 20 taxes in a reform of the tax laws, in an effort to simplify the system. Out would go capital gains tax, inheritance tax and council tax, among … Continue reading

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Income Inequality and Tax Redistribution in UK

The Taxpayers’ Alliance says that before tax and benefits the income ratio between the top and bottom 10% of household by income was 27.4 times. After redistribution through taxes and benefits the ratio dropped to 6.1 times. The top 10% … Continue reading

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Housing Tax and the Election

Taxes and housing are a battleground in the election. Labour wants a mansion tax, mainly, on London and the SE, so it can increase spending, mainly elsewhere. Tories say they will abolish inheritance tax on homes under £1 million. LibDems … Continue reading

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