A huge thank you to our panellists:

Lloyd Hatton MP
@gemmatetlow.bsky.social
Emma Chamberlain OBE
@arunadvani.bsky.social

And our chair Nichola Ross Martin.

Arun gave the example of reforming Capital Gains Tax. Equalising rates with Income Tax while introducing an investment allowance could raise as much as £14bn per year while taking 100,000 people out of CGT altogether:

centax.org.uk/reform-capit...

It was a pleasure to co-host a panel with the Chartered Institute of Taxation at Labour Party Conference last week.

Our Director @arunadvani.bsky.social argued that there are plenty of tax reforms that could raise revenue whilst being actively be good for growth 🧵

www.tax.org.uk/ciot-centax-...

Director @arunadvani.bsky.social on the absurdity of the £100k ‘tax trap’ at our panel with @cps.org.uk

“It's a real cost that people who are smart, doing well and could be earning even higher incomes & paying even more tax are reducing their hours or not taking that promotion”
tinyurl.com/8rha44uu

A huge thank you to fellow panellists @dantomlinson.bsky.social, @yuanfenyang.bsky.social and Heather Stewart. And thank you to our brilliant chair @carsjung.bsky.social 🙌

Thank you to everyone who came to our panel with @ippr.org at #LPC25 this week!

Our Director @andy-summers.bsky.social provided some good news: "the tax system is so badly designed that there are lots of opportunities to both raise revenue and increase economic efficiency."

'Can we design a tax system which taxes the wealthy and is pro-growth?' with CIOT.

🕛 12pm, Tuesday
📍Albert 3, Hilton Hotel

👉 Lloyd Hatton MP
👉 @gemmatetlow.bsky.social
👉 Emma Chamberlain @pumpcourtchambers.bsky.social
👉 @arunadvani.bsky.social
👉 Chair: Nichola Ross Martin

'How can we fund public services?' with
@IPPR

🕘9am, Tuesday
📍Museum of Liverpool

👉 @dantomlinson.bsky.social
👉 @yuanfenyang.bsky.social
👉 @andy-summers.bsky.social
👉 @guardianheather.bsky.social
👉 Chair: @carsjung.bsky.social

Want to talk tax at #Lab25? Come and join us at our events with @ippr.org and the Chartered Institute of Taxation!

Details below 👇

The current system of exempting partnerships from NICs is regressive. It treats otherwise similar earners (such as those in companies) differently. This distortion is bad for investment and growth.

Read the full report here 👇
centax.org.uk/policy-repor...

A Partnership Allowance and Exempt Amount for lower-earning partners would mean that two thirds of current partners would pay no additional tax.

Meanwhile, 98% of the revenue raised from introducing Partnership NICs would come from the top 10% highest earners in the UK.

Constituency-level analysis shows how geographically concentrated partnership income is, too.

1800 partners in Kensington received over £1.8 billion in partnership income, exceeding the profits of all 65,000 partners in Wales and Northern Ireland combined.

Partnership income is highly concentrated. The top 0.1% of UK taxpayers by total income received 46% of all partnership income in 2020.

Unlike companies, partnerships don’t pay any equivalent of Employer NICs on the income received by the partners. This provides an effective tax break worth 6.9% for top-earning partners.

NEW: Removing the National Insurance (NICs) tax break for partnerships would raise £1.9bn while improving productivity.

Here are some of our key findings 🧵

centax.org.uk/policy-repor...

📣 Last couple of days:

We are recruiting:
🧑‍💼Research Economist, working on a mix of academic & policy research
⏰full-time from summer
🎯London-based
🙋Ideal for someone looking for an econ pre-doc or a career in policy-focused research
📆 20 March 2025

warwick-careers.tal.net/vx/appcentre...

🚨PRE-DOC OPPORTUNITY🚨
If you are
🔸considering a future in #econ research, via a PhD or other paths (thinktanks, civil service);
🔸interested in studying Qs abt tax, growth & ineq;
then come work w/me, @andy-summers.bsky.social + @centaxuk.bsky.social team
econjobmarket.org/positions/11...
#econ_ra

We are hiring! If you are interested in #tax, #growth and #inequality, we have research plans in all these areas. Come join our team!