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MForstater's profile
Maya Forstater
Maya Forstater
Maya Forstater
@MForstater

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Maya Forstater

@MForstater

Business and sustainable development. Accountability. Tax. Feminist test case. Media: Tom Gardner at Slater & Gordon 0207 657 1690 press@slatergordon.co.uk

https://medium.com/@MForstater
hiyamaya.net
Joined September 2008

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    1. Heather Self‏ @hselftax 5 Mar 2018
      • Report Tweet

      A rule of thumb: tax all income, and deduct all costs of generating taxable income. That helps to minimise distortions, says @HelenMiller_IFS #ciotifsdebates

      1 reply 2 retweets 4 likes
      Show this thread
    2. Heather Self‏ @hselftax 5 Mar 2018
      • Report Tweet

      An example of a specific relief which has a clear policy justification, but is not perfect, is R&D tax credits. @HelenMiller_IFS #ciotifsdebatespic.twitter.com/8mAQzg0ZEa

      1 reply 0 retweets 0 likes
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    3. Heather Self‏ @hselftax 5 Mar 2018
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      Entrepreneur’s relief, on the other hand, appears to be poorly defined and targeted. Unlikely to represent good value for money, says @HelenMiller_IFS #ciotifsdebates

      1 reply 1 retweet 1 like
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    4. Heather Self‏ @hselftax 5 Mar 2018
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      Next up is Rob Prideaux of the NAO, who led the work on value for money on tax reliefs at the NAO. #ciotifsdebates

      1 reply 0 retweets 0 likes
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    5. Heather Self‏ @hselftax 5 Mar 2018
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      Interesting graph from Rob Prideaux @NAOorguk shows how costs of film tax relief spiked with avoidance activity #ciotifsdebatespic.twitter.com/goR9hkViGM

      1 reply 1 retweet 2 likes
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    6. Heather Self‏ @hselftax 5 Mar 2018
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      Similarly cost of entrepreneurs’ relief (red line) significantly exceeded forecasts (yellow line) - not avoidance, but shows how behaviour responds to an incentive? #ciotifsdebatespic.twitter.com/a8i2ber6Yn

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    7. Heather Self‏ @hselftax 5 Mar 2018
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      Monitoring the cost of a relief can indicate tax avoidance - eg sharp peak in share loss relief claims is thought to be due to marketed avoidance - but the cost was not spotted until several years later #ciotifsdebatespic.twitter.com/Pgqn0TIeBd

      1 reply 1 retweet 1 like
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    8. Heather Self‏ @hselftax 5 Mar 2018
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      Next is @Dr_K_Farnsworth of @UniOfYork talking about Corporate welfare. #ciotifsdebates

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    9. Heather Self‏ @hselftax 5 Mar 2018
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      Finding his talk quite hard to follow as he is not using slides. But @Dr_K_Farnsworth has just referred to “£1bn of avoidance by water companies”, which is a contentious figure as I said 5 years ago. #ciotifsdebateshttps://www.out-law.com/en/articles/2012/november/water-companies-cannot-be-compared-to-multinationals-on-tax-avoidance-issue-says-expert/ …

      2 replies 1 retweet 3 likes
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    10. Heather Self‏ @hselftax 5 Mar 2018
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      For someone who has done such a lot of work on this topic, it’s a great shame that @Dr_K_Farnsworth has not illustrated his talk with some specific examples on a few slides. I found it hard to follow. #ciotifsdebates

      2 replies 0 retweets 1 like
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      Maya Forstater‏ @MForstater 5 Mar 2018
      • Report Tweet
      Replying to @hselftax @Dr_K_Farnsworth

      Not just me then!

      11:19 AM - 5 Mar 2018
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      • Kelly-Ann Heather Self
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        1. iain campbell‏ @iaincampbell07 5 Mar 2018
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          Replying to @MForstater @hselftax @Dr_K_Farnsworth

          I Googled and came across a paper with some specific numbers. Interesting to see that CAllces included, whereas other speaker regarded these as part of structural base. http://speri.dept.shef.ac.uk/wp-content/uploads/2015/07/SPERI-Paper-24-The-British-Corporate-Welfare-State.pdf …pic.twitter.com/NAenvo86Ie

          1 reply 0 retweets 0 likes
        2. Kevin Farnsworth‏ @Dr_K_Farnsworth 5 Mar 2018
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          Replying to @iaincampbell07 @MForstater @hselftax

          Panel argued, as I did, that capital allowances have both structural and targeted elements. But I also argued that even structural elements constitute part of Corp welfare system IF DEFINED IN WAY OUTLINED IN MY TALK.

          1 reply 0 retweets 0 likes
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