Learn more

By Daniel Herring Not only is the UK tax burden at record levels, but we are raising money in a more damaging way than our competitors. And the Budget could be about to make things even worse, says Daniel Herring Next week, Rachel Reeves needs to try not to make the UK’s tax system worse. Yesterday the US-based Tax Foundation released the 2024 edition of the International Tax Competitiveness Index (ITCI), an annual ranking of how pro-growth the tax systems of 38 OECD economies are. It’s dire reading for the UK, which comes 30th overall. Importantly, the Index is neutral about the size of the o…

cuu