290 0 obj <> endobj The recently completed Mirrlees Review was a considerable undertaking, resulting in two thick volumes. He was knighted in the 1997 Birthday Honours Early life and education. Tax systems that distort people’s behaviour by treating similar activities differently without very good reason –  as the UK system currently does – create inefficiency, complexity and opportunities for avoidance. We present a picture of coherent tax reform whose aim is to identify the characteristics of a good tax system for any open developed economy, to assess the extent to which the UK tax system conforms to these ideals, and to recommend how it, Economic and Social Research Council (ESRC). The Mirrlees Review, chaired by the Nobel laureate Sir James Mirrlees, sought to identify the characteristics of a good tax system for an open developed economy in the 21st century. The Mirrlees Review. It concluded Britain’s tax system is ripe for reform in ways that could significantly improve people’s welfare and the performance of the economy. Abstract This paper provides a summary of the conclusions and recommendations of the Mirrlees Review of the UK tax system. achieve progressivity as efficiently as possible. The findings were launched in November 2010 and were published by Oxford University Press in two volumes[1]. Appendix 5.1 Greenhouse Gas Emission Life Cycle Assessment of Resource . We use cookies to improve your experience, some are essential for our website to function and others gather simple information about the people who visit our site. He is survived by his widow, Patricia, daughters Catriona and Fiona from his first marriage to Gill who died in 1993, stepson Rory and four grandchildren. We are an open, collaborative and engaged funder that offers more than money. Indeed, not all should be. He was awarded the Nobel Prize in economics in 1996, an award he shared with William Vickrey, for his work on economic incentives, where information is imperfect. The characteristics that a good tax system should possess are described and used to assess the current UK system. Institute for Fiscal Studies The characteristics that a good tax system should possess are described and used to assess the current UK system. This provided the scientific evidence for tax rate, tax credit and benefit integration proposals and was key to the business case for Universal Credit. Researchers: Professor Sir Richard Blundell. MAN, never informed Yukon Energy of the closure of the Ontario office or any procedure for purchasing parts. The first, Dimensions of Tax Design, consists of a set of specially commissioned chapters dealing with different aspects of the tax system, accompanied by a series of commentaries by different expert authors, voicing differing opinions on the issue discussed. Tax by Design, the final report from the Mirrlees Review, presents a picture of coherent tax reform whose aim is to identify the characteristics of a good tax system for any open developed economy, to assess the extent to which the UK tax system conforms to these ideals, and to recommend how it might realistically be reformed in that direction.