Taxation & Tax reform Archives - Emile Woolf writes

Economic Perspectives 19: Does Labour respect sanctity of private property?

ECONOMIC PERSPECTIVES 19 Does Labour respect sanctity of private property? Lessons to be discerned from the tragic Grenfell Towers fire transcend the immediate questions on cladding, stairwells, sprinklers, alarm systems, escape routes, incandescent materials and faulty appliances. Far more has been revealed than a recital of fire regulations in need of modernisation. The political exploitation […]

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Google & tax – some thoughts

Actions arising from short-term expediency can be tempting. They may hide, but can never negate, the underlying principle. Obedience to the law is a principle that applies even when that law itself appears unprincipled. Google, Amazon, Facebook and others have for many years exploited jurisdictional tax-rate differentials to minimise their liabilities. The style of compliance […]

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The cost of complexity – our taxation patchwork

The  cost  to  our  exchequer  of  tax  complexity  is  highlighted  by  the  government’s  recent   attack  on  “umbrella”  companies  set  up  by  employees  wishing  to  shelter  behind  a   corporate  veil  to  avoid  PAYE  and  national  insurance  levies.  The  Treasury  slapped  a  £1   million  fine  on  the  Ministry  of  Defence  for  its  failure  to […]

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Emile’s comments on “Hard Talk” Podcast: Steven Sacker and John Caudwell – Taxation

Hi Dad, Just heard this fascinating interview with John Caudwell. I’d be interested to hear what you make of it, especially his views on taxation: http://www.bbc.co.uk/programmes/p02mvyh3 Matt Dear Matt I have just listened to it – very interesting indeed. He is instinctively a good man, with a homespun philosophy on wealth, politics, economics and business […]

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Capital allocation & infrastructure spending: let the markets decide

My summer riverboat cruise from Amsterdam to Budapest along the Rhine, Main and Danube proved to be fully as instructive as it was relaxing. The majestic hilltop fortresses, castles and palatial edifices, erected to keep out tribal hordes, also testify to indulgences pursued by monarchs, princes and bishops over hundreds of years of relentless self-aggrandisement […]

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Letter to The Times 8th April ’14 – Subject: Hoarding development land – tax free

Subject: Hoarding development land – tax free Sir, You report (7th April) that Shelter, the charity that aids the homeless, is backing calls for a tax on developers sitting on thousands of sites with planning permission for housing. The anti-social, but tax-favoured, hoarding of land could not happen in Australia, where the government of New South […]

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Sanity will return – In its own time

Everyone knows that the world’s economic woes are soluble. Every leader acknowledges the blessings of free trade, low taxes, sound money and less regulation. Yet their actions, as ever, speak louder than words and somehow achieve the precise opposite. Take “free trade”. It allows cross-border commercial transactions to take place between willing traders unimpeded by […]

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