PFM Board
Medium Term Expenditure Framework => The Revenue Framework => Topic started by: John Short on August 22, 2025, 11:44:42 GMT
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Interesting paper on property taxes
A practical alternative to replace stamp duty and council tax
Tim Leunig
Chief Economist Onward
"The way Britain taxes households is both impractical and unfair. The stamp duty land tax raises transaction costs, preventing people from moving for new job opportunities, and undermines growth.
This report sets alternatives to the status quo and the rationale for these choices. In some cases, they are based on a clear and overwhelming economic principle. In others, they are a way to try to marry sometimes conflicting ideas
and sometimes they are a response to the realities of political consent."
https://www.ukonward.com/wp-content/uploads/2024/08/Onward-A-Fairer-Property-Tax.pdf