Oxford Emeritus Professor of Tax Law, British Tax Review editor, grandmother of 5. Here in personal capacity, not representing views of any organisation
UK
Joined June 2011
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Judith Freedman retweeted
‘They’d have to be somewhere between psychic and insane’
Tax Expert @DanNeidle says he’s sceptical about the founder’s relief scheme announced in the budget
#Peston
This may be the most important part of the Budget today.
You can find out more about what I and my @theIFS colleagues think the options and issues are in our #GreenBudget chapter published earlier this month. Tomorrow we'll know if @hmtreasury & @mhclg gave it a good read ⁉️ifs.org.uk/publications/issu…
Judith Freedman retweeted
You can find out more about what I and my @theIFS colleagues think the options and issues are in our #GreenBudget chapter published earlier this month. Tomorrow we'll know if @hmtreasury & @mhclg gave it a good read ⁉️ifs.org.uk/publications/issu…
Judith Freedman retweeted
We're hiring for our 2027 intake of economists!
Many people know that coming to @theIFS means you can work on policy & have real impact
Less well known is that you can do a PhD & world leading research; many alumni are now top professors
Spread the word to budding academics!
Econ profs: if you have talented students interested in academic careers in applied micro, point them towards @TheIFS.
We provide support for people undertaking PhDs part-time alongside work.
Our placements of people completing PhDs over the last 15 years are great. (1/4)
Judith Freedman retweeted
Brilliant and excoriating. What a total mess.
“We seem to be moving ever closer to a system in which the government gives every business a score out of ten each year according to how much it likes the business that year, and sets its tax rate that year accordingly.”
NEW: Business rates have gone from being one of the most stable and simple taxes in the system to one of the least.
📗 @StuartAdam_IFS and @isaacdelestre explain why a coherent view of business rates and how they should be designed is sorely needed, in our response to today's announcement:
ALT Quote from IFS Senior Economist Stuart Adam: "Business rates have gone from being one of the most stable and simple taxes in the system to one of the least. We seem to be moving ever closer to a system in which the government gives every business a score out of ten each year according to how much it likes the business that year, and sets its tax rate that year accordingly."
Judith Freedman retweeted
More business rates relief for pubs & music venues is a continuation of a theme
Business rates used to be simple (1 rate) and stable. Now there are many rates & constant tinkering. This is not a welcome development
Fiddling around with tax rates on a short term basis is not the way to think about taxation and tax changes are not the best way to tackle more fundamental problems.
Judith Freedman retweeted
Simplifying tax filing is a popular policy goal, but removing detailed reporting can facilitate widespread evasion. A study of the French wealth tax illustrates the risk: when taxpayers reported a single total instead of an itemized list, reported wealth dropped 20%. Bank records confirmed this was a false decline; income remained unchanged.
Successful systems leverage third-party data from banks and employers to pre-fill returns. This simplifies the process for citizens without losing oversight or a clear audit trail. It shifts the administrative burden away from the individual while maintaining the integrity of the tax base.
A major driver of tax evasion isn't just the tax rate but the reporting requirements, at least when it comes to wealth taxes. Our newly revised paper finds that how much you have to disclose matters at least as much as how much you owe 🧵 stantcheva.scholars.harvard.… [1/14]
Very sad to see this . An inspiring person.
I remember Averil Cameron, who sadly died this week, in this blog: tinyurl.com/kbbx2bfn
Brand new trains going into Waterloo with many positives but why hasn’t anyone considered the gap between the platform and the train? For the elderly, disabled and those with small children it is worse than ever. Really dangerous . Needs automatic ramps @SW_Help
So #TheArchers has finally started to cover IHT but quite how Ruth and David are going to deal with this when they have no idea about succession I don’t know. Staring at papers on kitchen table not going to help at all.
One to watch! Thanks Max.
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Judith Freedman retweeted
Thanks to Sam for a really thoughtful conversation and write-up about my book with @alexolegimas The Winner's Curse.
New post just out:
A discussion with Nobel prize winner Richard Thaler on behavioural economics, nudging, organ donations, Bitcoin, mental accounting and much more...
(Free to read)
open.substack.com/pub/samf/p…
Judith Freedman retweeted
“The key for a Budget is you need to be on the front foot… not feeling like you’re constantly reacting to something outside of you.”
The IFS’s Helen Miller discusses the different ways the Government could approach future fiscal events.
#Newsnight
Judith Freedman retweeted
#budget25 salary sacrifice for pensions, which was intended to be a small part of our pensions system, is forecast to almost treble in cost from £2.8bn in 2017 to £8bn by 2030… …with the greatest benefit going to higher earners… …or to those in the financial services sector putting their bonuses into pensions tax-free… …while those on the minimum wage or whose employers don’t offer salary sacrifice don’t benefit at all.
Judith Freedman retweeted
One interesting thing to note on the 3-year freeze in personal tax allowances: a 1p increase in all rates of income tax would have raised a similar amount while bringing in more from those at the very top of the distribution.
Peter Riddell says we cannot have Budget purdah any more. In that case (and I think he is right) I don’t think we can have the annual budget in the way we have done in the past.
“It’s been a complete shambles.”
The government’s inconsistent approach to the budget is “not cost free”, given the impact on the markets, says veteran journalist and former political commentator of The Times @_peterriddell.
Needs to be repeated. In tax terms the income tax increase with a NICs reduction is by far the most sensible action and, in the end, will cause the least political pain. Not good for me as a pensioner but still sensible. Every small tax has its own vociferous minority.
Congratulations!
Delighted that @TheIFS got @SmartThinktanks awards for Think Tank of the Year & Best Publication
Testament to the hard work of all my fabulous colleagues
Also great to see the UK with such a vibrant set of think tanks
