IEA Featured Tax and Fiscal Policy

The rising cost of pension tax relief could be curtailed if the relief were scrapped, reports the FT Adviser. In his fortnightly column for The Times, IEA Director General Mark Littlewood said the relief wasn't justified and the money would be better spent on scrapping inheritance tax, as recently hinted at by the Chancellor at ... Continue reading

A comment piece for City AM on the merits of tax cuts, written by the IEA's Director General Mark Littlewood, has featured in the Daily Express. "During his keynote speech at the Conservative Party Conference last week, Sajid Javid announced a series of new spending pledges. The Chancellor of the Exchequer’s focus was infrastructure and rural areas, with ... Continue reading

The current Conservative government has given the country little idea of its approach to taxation, despite Sajid Javid's "desire to reduce and simplify Britain’s tax system" says Mark Littlewood, Director-General of the Institute of Economic Affairs. Writing his fortnightly column for The Times, Mark notes that the "tax rule book is now around ten million ... Continue reading

Boris Johnson has turned his back on the icy attitude of his predecessor and embraced capitalism and "its pro-market and pro-enterprise philosophy", says Kate Andrews, Associate Director at the Institute of Economic Affairs. Writing in City A.M., Kate argues that while the praise was there in the Prime Minister's speech to Conservative Party Conference, the ... Continue reading

The Chancellor Sajid Javid hinted at plans to cut inheritance tax, reports Sky News. Speaking at a fringe event hosted by the Institute of Economic Affairs, Javid said he understood the arguments against the tax, saying "I do think when people have paid taxes already through work or through investments - capital gains and other ... Continue reading

The Telegraph reports that Sajid Javid is considering a cut to inheritance tax, saying changes were on his mind ahead of his first budget. Inheritance tax, which is forecast to raise £5.3 billion in this financial year, reportedly unpopular and the Chancellor was speaking in response to a question from a Conservative member in the ... Continue reading

Speaking at an 'In Conversation' event in the IEA-hosted ThinkTent, Sajid Javid suggested his first budget would contain a cut for inheritance tax. Asked by City A.M. Editor Christian May if he would consider scrapping the tax, the Chancellor said he understood the arguments against it and while "sensible changes have already been made...it's something ... Continue reading