The latest UK GDP numbers were better than expected, but it would still be dangerous to raise taxes in the March Budget. This would be far too soon after a year when the economy contracted by nearly 10% and with a renewed decline almost certain this quarter. To recap, UK GDP rose by 1.2% m/m in December … Continue reading Big freeze in GDP should keep tax hikes on ice too
Tag: tax
Why a tax on homeworking is a really bad idea…
Researchers at Deutsche Bank (DB) have proposed an additional tax on people working from home ‘to help those who cannot’. This would break just about every principle of good tax design and is one of the worst ideas I’ve ever heard. Let me explain... As I understand it, the proposal is for a 5% tax … Continue reading Why a tax on homeworking is a really bad idea…
“The digital economy in a time of Covid”
In case of interest, here's a presentation I made on 1st October to students of economics and finance on "The digital economy in a time of Covid". It covers topics such as the growth of online retail, zero-hours contracts, the pros and cons of homeworking - and why Amazon apparently pays so little tax... digital-economy-covid-oct-2020Download
