Institute of Directors is right to call for substantial tax simplification

October 07, 2013 3:43 PM

The Director General of the Institute of Directors, Simon Walker, has spoken out against complicated and high tax rates, citing the 73 per cent marginal combined income tax and child benefit withdrawal rate faced by a taxpayer with four children earning between £50,000 and £60,000.

This is a huge disincentive: some people can be paying 70 per cent, 75 per cent.I am all for a flat simple tax system – it has been shown to raise a lot more money.

The top one per cent of taxpayers pay a very large share of all the tax in this country. Flat, simple taxes are the way to do it.


He's right. We need to sweep away as much of the complexity as possible. The Single Income Tax which the TaxPayers' Alliance published jointly last year with the Institute of Directors, sets out a plan to do just that. A single rate of tax, on all income, however it's received, should apply so that above a minimum level, those who earn twice as much should pay twice as much. Everyone should pay their fare share: no more and no less.

Latest Blogs:

TaxPayers' Alliance Icon

The REAL impact of beer duty

3:14 PM 14, Nov 2017 Ben Ramanauskas

TaxPayers' Alliance Icon

Paradise Papers

1:44 PM 06, Nov 2017 Duncan Simpson

TaxPayers' Alliance Icon

Innovations like "CareBnB" are good for the NHS

4:39 PM 02, Nov 2017 The TaxPayers' Alliance

TaxPayers' Alliance Icon

Coming to the aid of aid

5:06 PM 01, Nov 2017 Duncan Simpson

TaxPayers' Alliance Icon

Get nanny out of the nursery

12:00 PM 20, Oct 2017 Ben Ramanauskas