Institute for Fiscal Studies Urges Immediate Reform for Outdated Council Tax System
Thursday, 6 June 2024, 14:52
IFS Urges Urgent Reform for Frozen 1991 Council Tax in England
The Institute for Fiscal Studies (IFS) has highlighted the urgent need for reform of the council tax system in England, which has remained frozen since 1991. The IFS also recommends the abolition of stamp duty to stimulate economic growth. These proposed reforms aim to address outdated tax policies and promote a more equitable taxation system for UK residents.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.