Teather, R., 2007. A Flat Tax for the UK – a practical reality. Discussion Paper. London: Adam Smith Institute.
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Official URL: http://www.adamsmith.org/images/stories/flattaxuk....
This report, A Flat Tax for the UK – A Practical Reality, calls for income tax to be simplified into a flat rate tax of 22%. Under the proposal, there would be a tax-free personal allowance of £12,000. As the report says, the concept of a flat tax, a simple tax system that charges a single rate of tax on all income, is growing in popularity. It contrasts clearly with the current systems operated in most countries, with different tax rates depending on the level and type of income or on the personal circumstances of the individual taxpayer.
|Item Type:||Monograph (Discussion Paper)|
|Subjects:||Social Sciences > Public Administration|
Social Sciences > Finance and Financial Economics
Social Sciences > Politics
|Group:||Business School > Department of Law|
|Deposited By:||Mr Richard Teather|
|Deposited On:||30 Aug 2009 13:41|
|Last Modified:||07 Mar 2013 15:12|
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