20 taxes to scrap: How to grow the UK economy by simplyfying the tax system

The current issues of reforming the current tax system in the Russian Federation in the context of the transition to determining the amount of real estate taxes based on the cadastral value of real estate objects are discussed. The decision on adopting elements of a tax system in practice should be scientifically and methodologically based. The rational construction of the tax system of Russia contributes to the study of foreign tax systems’ models. In the article, the systems for calculating real estate tax established in the foreign countries under consideration are highlighted. Everything is based on analyzing the practice of real estate valuation in the UK, France, Belgium, Latvia, Finland, USA and Chile. A comparison is made of the grounds for calculating the property tax, their distinctive features. The main approaches to determining the cadastral value taking place in the cadastral systems of foreign countries are summarized. The conducted studies provide grounds for identifying trends in real estate valuation, which are being introduced into modern Russian cadastral valuation practice.

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Women and the UK tax system: the case for reform?

Cambridge Journal of Economics ◽

10.1093/cje/7.2.151 ◽

1983 ◽

Vol 7 (2) ◽

pp. 151-165

Author(s):

E. Knight

Keyword(s):

Tax System ◽

The Uk

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Taxation and Red Tape: The Cost to British Business of Complying with the UK Tax System

SSRN Electronic Journal ◽

10.2139/ssrn.1632951 ◽

2010 ◽

Author(s):

Francis Chittenden ◽

Hilary Foster ◽

Brian Sloan

Keyword(s):

Tax System ◽

Red Tape ◽

The Uk ◽

The Cost

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Tax Expenditure and Public Expenditure in the UK

Journal of Social Policy ◽

10.1017/s0047279400023096 ◽

1986 ◽

Vol 15 (1) ◽

pp. 23-49 ◽

Cited By ~ 8

Author(s):

Margaret Wilkinson

Keyword(s):

Income Tax ◽

Public Expenditure ◽

Personal Income ◽

Public Expenditures ◽

Personal Income Tax ◽

Tax System ◽

Tax Expenditures ◽

Tax Expenditure ◽

Public Revenue ◽

The Uk

ABSTRACT‘Tax expenditures’ are public revenue losses which result from special allowances and reliefs given to various categories of taxpayer for reasons of economic and social policy. In 1983/4 tax expenditures in the personal income tax system cost nearly £11 billion which was equal to 35 per cent of revenue from personal income tax or 9 per cent of total public expenditure. This paper assesses their significance in the context of public expenditure and tax policy. It identifies those allowances and reliefs in the personal income tax system which may be regarded as tax expenditures, evaluates them and compares their cost with direct expenditures in similar areas. Many tax expenditures are inequitable and inefficient; and they are difficult for governments to control. If they were reduced some public expenditures could be protected from cuts, or the general burden of income tax could be reduced.

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The UK tax system

10.5040/9781526518460.chapter-001 ◽

2021 ◽

Keyword(s):

Tax System ◽

The Uk

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A survey of the UK tax system

10.1920/bn.ifs.2000.0009 ◽

2016 ◽

Cited By ~ 2

Author(s):

Tom Waters ◽

Thomas Pope

Keyword(s):

Tax System ◽

The Uk

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Housing Demand, Financial Markets and Taxation

Understanding Affordability ◽

10.1332/policypress/9781529211863.003.0007 ◽

2020 ◽

pp. 107-120

Author(s):

Geoffrey Meen ◽

Christine Whitehead

Keyword(s):

Structural Changes ◽

Global Financial Crisis ◽

Housing Demand ◽

Stress Tests ◽

Tax System ◽

Monetary Policies ◽

Mortgage Finance ◽

The Global Financial Crisis ◽

The Uk ◽

First Time

In Chapter 7, fiscal and monetary policies are considered and particular attention is paid to structural changes in mortgage finance markets. From the early 1980s the UK experienced two periods of strong mortgage growth: the first lasted until the recession of the early 1990s and the second started in the mid-1990s and ended with the Global Financial Crisis (GFC). However, a distinguishing feature of the GFC period was the fall in mortgage advances, which has never been fully reversed. Credit tightening causes particular problems for first-time buyers as compared to the majority of current owners; the latter typically have sufficient equity in their existing properties, which they can use to finance further purchases. Therefore, the decline in credit availability has had important distributional effects. Accumulated equity also provides an advantage for existing owners entering the expanded Buy to Let market. Similarly, the stress tests that borrowers now have to undertake fall primarily on aspiring first-time buyers and those with volatile incomes. The chapter also considers non-neutralities in the property tax system which can discriminate against first-time buyers.

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Stage 1 registered report for replication of Experiment 1 and 2 of “Axe the tax: Taxes are disliked more than equivalent costs” (Sussman & Olivola, 2011)

10.31234/osf.io/ngakx ◽

2018 ◽

Author(s):

Jerome Olsen ◽

Christoph Kogler ◽

Mark John Brandt ◽

Linda Dezső ◽

Erich Kirchler

Keyword(s):

Value Added ◽

Consumption Tax ◽

Original Experiment ◽

Tax System ◽

Replication Studies ◽

A Value ◽

The Us ◽

The Uk ◽

Stage 1 ◽

Consumption Taxes

Stage 1: Sussman and Olivola (2011) reported that people in the US show a stronger preference to avoid tax-related costs than to avoid tax-unrelated monetary costs of the same size and coined the term Tax Aversion to describe the phenomenon. The original Experiment 1 and 2 results indicated that people are willing to incur increased timely costs to receive a discount when it refers to taxes (e.g., “axe-the-tax discount”) than when it just refers to a regular discount (e.g., “customer rewards”). Their paper has received considerable attention and is often cited in tax behavior research when referring to citizens’ general aversion to taxes. We propose close replications of Experiments 1 and 2 in two high-powered studies in the US (N = 600 and N = 700, respectively). Because the original study was conducted in a country that relies on a sales tax system, where consumption taxes are very salient, we additionally propose conducting both replication studies in the UK to test whether the effect also applies to a value added tax system (again N = 600 and N = 700, respectively). The replication studies will test whether Tax Aversion is a stable phenomenon in the US and whether the effect extends to a consumption tax system where payments do not represent an out-of-pocket cost.

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