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As a country we face imminent challenges on a scale not seen for decades. Brexit, weak productivity growth, the increasing pace of technological change, an aging society and shifts in global economic power all raise questions as to how we should go about shaping our future. The need to have a well designed industrial strategy that is implemented in an effective way is essential, and in November 2017 the UK Government published its white paper which set out a long-term plan to boost the productivity and earning power of people throughout the UK. The 2018 IFS residential conference, sponsored by PwC, asked what role tax should play in such an industrial strategy.
The role of tax in the industrial strategy
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