 Facts and figures about UK taxes, benefits and public spending.
Income distribution, poverty and inequality.
Analysing government fiscal forecasts and tax and spending.
Analysis of the fiscal choices an independent Scotland would face.
Case studies that give a flavour of the areas where IFS research has an impact on society.
Reforming the tax system for the 21st century.
A peer-reviewed quarterly journal publishing articles by academics and practitioners.
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Type: Newspaper Articles Authors: Stuart Adam
Stamp duty land tax is a strong contender for the UK’s worst-designed tax. Since the relevant rate applies to the full sale price, not just the part above the relevant threshold, a £1 increase in price that pushes it over a threshold can trigger an increase in tax liability of up to £40,000. That is, of course, an absurd structure for any tax. This opinion piece is published in the article 'Stamp duty dodges target mass market' by Tanya Powley in the Financial Times, February 22, 2013. Search |
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