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March 18th 2020

The UK Tax Regime – What Impact Does it Have on Investment, Performance and Productivity? Meeting Retrospective

Written By
Steven Toft

  • Tags
  • Tax

The context for this virtual meeting discussion was the near inevitability of a reform of the tax system in the near future. Governments across the developed world face a triple whammy of high public debt as a result of the 2008 financial crisis, continuing low economic growth well into the next decade and increasing pressure on public spending from an ageing population and environmental factors. To that we can now add a fourth whammy, the economic and fiscal impact of the COVID-19 pandemic.

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March 18th 2020

The UK Tax Regime - What Impact Does it Have on Investment, Performance and Productivity?

These slides are for the PARC event on the UK Tax Regime. How important is tax? Are taxes high and what pressures is the tax system facing? What is the impact of tax on productivity and how does tax affect investments?

  • Tags
  • Tax
  • Financial Planning
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March 18th 2020

The UK Tax Regime - What Impact Does It Have On Investment, Performance and Productivity?

You might not be interested in tax but tax is interested in you. It may not be something that has crossed the mind of most HR professionals but it is likely to rise up their agenda over the coming years. The upward pressure on public spending caused by ageing populations mean that taxes will have to increase, services will have to be cut or public debt levels will have to rise beyond what most economists believe is sustainable in the long-term. Something will have to give and at some point over the next decade the problem will become acute. This report focuses on the major direct taxes and those that impact most directly on business and employment.

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