Calls for the reform of inheritance tax are not new. The latest report from the Organisation for Economic Co-operation and Development (OECD) compares past and present approaches taken in its member countries and identifies radical opportunities for change. Will the Treasury be attracted by the prospect of simultaneously increasing both equality and tax revenues?

3 minutes

Residential property developers have been targeted with a new tax on their profits, aimed at bringing an end to unsafe cladding on residential developments in the wake of the Grenfell Tower disaster. At a time when the government is aiming to build more homes, will this reduce the number of investors in the sector?

3 minutes

US plans for global corporate taxes look set to raise as much revenue for other countries as the OECD’s earlier suggestions. With the pandemic to pay for, most countries will welcome an increase in their tax revenues, a more stable global corporate tax system and a reduction in harmful tax competition.

3 minutes

The Biden administration may have noted rumours about capital gains tax (CGT) changes Rishi Sunak was considering last year, as it has proposed similar plans to double the US CGT rate to 39.6 per cent. If the US President is successful in pushing through his proposals, it could motivate the Chancellor to impose similar changes in the UK. Be warned: Rishi Sunak may also take inspiration from another US policy to ensure its success - an exit tax on individuals.

3 minutes