Independent taxation 25 years on – does it meet today’s needs?

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Independent taxation 25 years on – does it meet today’s needs?

Click on CARE report above for an analysis of family taxation in the UK. 

October 2013

On October 23rd 2013 MAHM attended the launch of CARE’s report into family taxation, hosted by Lord Lawson in the Palace of Westminster.   After a presentation from fiscal consultant Don Draper we were able to ask questions about the unfairness of a system which discounts family responsibilites and number of dependents.    ‘Well-offness’  is all too often calculated from gross income alone ,  which is highly misleading and fails to take into account the number of people in the family that the main earner is supporting.    Osborne repeatedly talks about the ‘top 15 percent ‘  of families needing to pay their share,  but they fail to explain that families on one income supporting children are rarely in the ‘top 15 percent’ .  In fact they are often below the 50th percentile. 

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