DEBATE: Is the UK going to require higher taxes in the future? Whoever wins this election, is the UK going to require higher taxes in the future? Adam Corlett, senior economic analyst at the Resolution Foundation and author of its report “The shifting shape of UK tax”, says YES. Tax is set to be a major battleground at the election. Labour has been upfront about its plans [...]
DEBATE: Is Entrepreneurs’ Relief worth the cost to the government? Is Entrepreneurs’ Relief worth the cost to the government? Chris Chapple, tax partner at BDO, says YES. Entrepreneurs’ Relief (ER) is a generous tax relief for business owners – but let’s remember why it was created. Tax law has long offered reliefs to entrepreneurs who sell all or part of their business, of which ER [...]
