News
NEWS RELEASE: Scrapping the National Insurance tax break for partnerships would raise £1.9bn while improving productivity
Almost half the revenue raised from introducing Partnership NICs would be raised from partners in the top 0.1%. By providing the same allowances as available to employees, 66% of current partners would pay no additional tax. This analysis comes from a new report from the Centre for the Analysis of Taxation (CenTax) using HMRC tax data.
News Release: IHT reform largely protects family farms but could be better targeted, says independent report
A new report by researchers at the Centre for the Analysis of Taxation (CenTax) [1] provides the first independent, data-driven assessment of how the Government’s Inheritance Tax (IHT) reform [2] will affect farm estates.
Using detailed HMRC Inheritance Tax data, the report estimates that around 30% of farm estates [3] would be impacted by the reform, of which around 200 estates per year potentially comprise family farms valued at less than £5 million.
Environment, Food and Rural Affairs Select Committee report published
The cross-party Environment, Food and Rural Affairs Select Committee has published the report of its inquiry into “The Government’s Vision for Farming,” to which CenTax Director Dr Arun Advani gave oral evidence on 11 December 2024.
Exchequer Secretary welcomes launch of CenTax and commends its rigorous analysis and contribution to policy-making
Exchequer Secretary to the Treasury James Murray MP was the keynote speaker at a Parliamentary reception held on 11 November 2024 to officially launch the new Centre for the Analysis of Taxation (CenTax).
Event report: CenTax makes party conferences debut
CenTax was represented at both Labour and Conservative party conferences this autumn by Dr Arun Advani, who took part in two panel discussions.
Policy Brief: Ten Key Facts about Carried Interest
The Centre for the Analysis of Taxation (CenTax) has published a new policy brief, Ten Key Facts about Carried Interest.
Carried interest (or “carry” for short) is one of the main forms of pay in the private equity industry. The tax treatment of carried interest is highly controversial. The paper is believed to be the first independent study on this topic. The authors provide new quantitative evidence on carry recipients using representative data, to help set high-profile anecdotes in context.
Be the first to hear . . .