Edward Troup1 Head of Tax Strategy at Simmons & Simmons feels that the Treasury Committee's report on the Inland Revenue exposes failings but brings the promise of radical change in tax policy making
Large targets are there to be shot at. In their tenth report2 the Treasury Select Committee have not missed the opportunity to take some easy and in many cases justified shots at the Inland Revenue. But in doing so they have flushed out bigger questions about the way tax policy is made which has triggered a radical overhaul of the revenue departments.
The Committee's comments and criticisms range widely: from the implementation of tax credits through the much publicised Mapeley Properties/STEPS PFI contract to the whole organisation and accountability of the Inland Revenue.
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Edward Troup1 Head of Tax Strategy at Simmons & Simmons feels that the Treasury Committee's report on the Inland Revenue exposes failings but brings the promise of radical change in tax policy making
Large targets are there to be shot at. In their tenth report2 the Treasury Select Committee have not missed the opportunity to take some easy and in many cases justified shots at the Inland Revenue. But in doing so they have flushed out bigger questions about the way tax policy is made which has triggered a radical overhaul of the revenue departments.
The Committee's comments and criticisms range widely: from the implementation of tax credits through the much publicised Mapeley Properties/STEPS PFI contract to the whole organisation and accountability of the Inland Revenue.
...
If you are not a subscriber, subscribe now to read this content.
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