Bridging the gap: how can we avoid tax cliff edges?
Tuesday 19 March, 10.00 – 11.00
In partnership with Tax Policy Associates
- Richard Hughes, Chair – Office for Budget Responsibility
- Szu Ping Chan, Economics Editor – The Telegraph
- Dan Neidle, Founder – Tax Policy Associates
- Stuart Adam, Senior Economist – Institute for Fiscal Studies
- Robert Colvile, Director – Centre for Policy Studies (Chair)
While the government seems intent on lowering headline rates, more and more tax is being paid by low and middle income earners as they are dragged into higher tax brackets by inflation and frozen tax thresholds. Even before thresholds were frozen, cliff edges in the tax and benefits systems were producing significant market distortions by incentivising workers to work less or defer opportunities.
After the 2022-23 cost of living crisis, this is putting further pressure on people who are just struggling to get by. This is about economic growth and living standards. But is is also about fairness in the tax system.
How can avoid these cliff edges? Will the spring budget help bridge the gap? To explore these issues and prospective solutions, we are delighted to welcome a range of policy experts for an in-person panel event hosted in partnership with Tax Policy Associates. The event will be taking place at Old Queen Street Café on Tuesday 19th March from 10.00 – 11.00. Biscuits and refreshments will be available for guests to enjoy.