See the full piece, with David Burgherr Andy Summers, here:

newstatesman.com/comment/2024/0…

In today’s #Budget2024 @jeremy_hunt announced the scrapping of non-dom status in the UK, following LSE research from @summers_ad and Arun Advani showing the move could raise £3.2bn a year.

#BudgetDay
lse.ac.uk/News/Latest-ne…

For your advanced primer in what the #nondom regime actually is and why it needs reform, see here
arunadvani.com/papers/AdvaniB…

Case for reform bit gives you the scoresheet, look out for how many of these are/aren't solved later today
#Budget2024

With non-doms in the news again, important that we understand the right lessons from previous attempts at reform.

Trust protections were a major limitation of 2017 'deemed dom' rules, but this reform *did* still result in significantly more tax paid by long-staying non-doms.

Migrants make up a large share of top income recipients, and have received most of the growth in top 1% share. Just Accepted paper by Arun Advani (Arun Advani), Felix Koenig (@feli_koenig), Lorenzo Pessina (@lorenzo_pss), Andy Summers (@summers_ad). zurl.co/pE1M

New study shows people in just this small part of Notting Hill received as much in capital gains as everyone in Liverpool, Manchester, and Newcastle combined. Our tax system is ridiculous.

theguardian.com/money/2024/feb…

💰 More capital gains are received in one neighbourhood in Kensington than in Liverpool, Manchester and Newcastle combined.

New report released by Arun Advani Andy Summers Andrew Lonsdale Nuffield Foundation

Read more here 👇
ow.ly/Tv6k50QFvfH

I write about lessons from Norway on taxing billionaires in a letter in FT Weekend Magazine in response to Simon Kuper

💷 There is a lot of debate about how much we tax, but not much debate about how we tax.

Arun Advani and Andy Summers argue that the current system is poorly designed, with much scope for improvement.

Read their contribution for what could be done 👇

ukandeu.ac.uk/wp-content/upl…

If you tax them, they will leave…not so, we find in our new report published today ⁦LSE Inequalities⁩ There is a stigma to tax migration, even among the rich. ⁦w/ ⁦Victoria Gronwald⁩ ⁦Andy Summers⁩ and ⁦Dr Emma Taylor⁩ theguardian.com/money/2024/jan…

🚨PRE-DOC OPPORTUNITY🚨
If you are
🔸considering a future in #econ research, either via a PhD route or other paths (thinktanks, civil service);
🔸interested in studying Qs about the super-rich;
then come work w/me, Andy Summers + team

jobs.lse.ac.uk/Vacancies/W/35…
#econ twitter

📢We're hiring!

If you are:
🔸considering a future in #econ research, either via a PhD route or other paths (thinktanks, civil service); 🔸interested in studying Qs about the super-rich; then come work w/me+team

#econ twitter Econ RA Listings PREDOC.org

🚀 Exciting Opportunity Alert!
Join our dynamic team at the III as a Research Officer in Tax Analysis!
📊Dive into cutting-edge research, working with Arun Advani and Andy Summers.

Apply now👇
🔗ow.ly/EVcu50Qky8W

Another prime example of failings in the Register of Overseas Entities, which was supposed to herald a new era of transparency for UK property, but remains too easy to avoid.

In the article I discuss trusts, which looks the most likely explanation here.

icij.org/investigations…

Today MPs in the House of Commons will discuss the rules concerning public reporting of UK land ownership.

Arun Advani, César Poux and Andy Summers explain why urgent reform is needed.
Arun Advani Andy Summers LSE Inequalities
blogs.lse.ac.uk/politicsandpol…

(3/5)

Second, requiring the Government to consult on public access to information about trusts.

Last week an investigation from Andy Summers et al found that the real owners of 1000s of UK properties remain secret, many hiding behind trusts.

Briefing👉static1.squarespace.com/static/5e4a779…

I think the bona vacantia division get involved? Anyone know? (Ques is about UK land owned by overseas entity that's been dissolved without having disposed of the land) gov.uk/government/pub…

Listen again here, with Adam Hodge and Andy Summers on why the current bill won't solve the problems of land secrecy and dirty money

bbc.co.uk/sounds/play/m0…

Read the new analysis by Arun Advani Andy Summers Anna Powell-Smith and César Poux, which finds significant flaws in laws meant to prevent oligarchs from hiding their wealth.

🔗ow.ly/eyRs50PHozg

Great timing for this research by Andy Summers et al. The government could close these loopholes, especially regarding transparency for trusts, in the economic crime bill ammendments this week.

'Privacy' is used to hide from tax & anti-corruption.

theguardian.com/business/2023/…