The draft GAAR provisions of the Finance Bill 2013 (The "GAAR") and the draft GAAR guidance.

Understand this issue

The Spring Budget explained

podcast

We provide our analysis on the Chancellor's Spring Budget.

16 March 2023

Taxes could be cut within broader reforms

comment

"The Chancellor doesn’t need to wait for fiscal headroom to reform public finances" says Helen Miller in The Telegraph.

2 November 2023

At last, we are back to a normal budget, but don’t expect many treats

comment

"A stagnant economy leaves little room for either more spending or less tax." Paul Johnson writes for the Times ahead of Wednesday's Spring Budget.

13 March 2023

Policy analysis

Tax and public finances: the fundamentals

report

This report highlights 10 key facts about UK tax and public finance policy that will underpin the choices faced by governments in coming decades.

23 August 2023

Full expensing and the corporation tax base

report

This report discusses the temporary full-expensing policy and whether it should be made a permanent part of the corporate tax base.

6 October 2023

Long-term costs of full expensing much lower than official estimates suggest

press release

A new report discusses the temporary full-expensing policy and whether it should be made a permanent part of the corporate tax base.

6 October 2023

Academic research

Fiscal Studies, Volume 44, Issue 1

journal issue

Fiscal Studies, Volume 44, Issue 1: Symposium: the global minimum tax

20 March 2023

Empirical evidence on the global minimum tax: What is a critical mass and how large is the substance-based income exclusion?

journal article

This paper presents empirical evidence on the proposed global minimum tax (GMT) of the OECD's Pillar 2.

20 March 2023

Identifying network ties from panel data: theory and an application to tax competition

working paper

We present results on the identification of social networks from observational panel data that contains no information on social ties between agents.

18 January 2023