Daniel Herring

1 week ago | capx.co | Daniel Herring

Photo by HENRY NICHOLLS/AFP via Getty Images Photo by HENRY NICHOLLS/AFP via Getty Images Britain desperately needs to encourage family formation and support parents A household earning £50k annually faces very different tax bills depending on how that income is split A tax system that penalises traditional family arrangements makes little sense Nigel Farage made a bold pitch to British families this week, announcing Reform’s plan to introduce a fully transferable marriage allowance alongside...

2 months ago | capx.co | Daniel Herring

Photo: Dan Kitwood/Getty Images Photo: Dan Kitwood/Getty Images The Government's plans for reducing our welfare bill are too small and barely save any money We need to rethink the fundamentals of the welfare state Even after planned reforms, health-related benefits will rise 5.3% per year throughout the 2020s Despite the political pain, Labour’s announcements on welfare come nowhere near close enough to solving the crisis of rising health-related benefits. Even after planned reforms,...

Feb 12, 2025 | lbc.co.uk | Daniel Herring

Labour just can't resist another tax, but why don't they realise that's what's stopping growth? Labour just can't resist another tax, but why don't they realise that's what's stopping growth. Picture: LBC/Getty By Daniel Herring Keir Starmer has been at pains to say that Labour’s number one mission is economic growth. But while policy announcements are welcome, they are just that - announcements. It is the actions his government has taken that count.

Jan 13, 2025 | capx.co | Daniel Herring

Photo: Leon Neal/Getty ImagesPhoto: Leon Neal/Getty Images Rachel Reeves is in a bind on taxation We have sleepwalked into the highest tax burden for 70 years Without long-term fiscal goals, our state will only become more bloated Rachel Reeves is fast discovering the limits of how much money she can extract from the economy without raising ‘taxes on working people’. Let’s review the numbers.

Jan 13, 2025 | capx.co | Daniel Herring

Photo: JONATHAN BRADY/POOL/AFP via Getty Images Photo: JONATHAN BRADY/POOL/AFP via Getty Images With the Budget coming up, the UK’s tax competitiveness could get even worse Our tax system is less competitive than many of our G7 peers If Labour want economic growth, they need to get serious about tax reform Today, the Tax Foundation releases the 2024 edition of the , an annual ranking of how pro-growth the tax systems of 38 OECD economies are. It’s not great reading for the UK, which comes...