At first glance, the Government’s revised approach to tax policy making retains much of the existing framework. There is, however, a significant change on the commitment to consultation, writes Chris Sanger (EY).
As the durability of tax policy documents go a decade and a half without replacement isn’t bad. So David Gauke then Exchequer Secretary to the Treasury can be justifiably proud of the outcome of the 2010 consultation Tax Policy Making: A New Approach. Much has happened in the intervening 15 years not least the pandemic and its subsequent influence on policy and yet the principles set out in this 2010 document have broadly stood the test of time. In fact it endured for so long that anyone searching for it would be directed to the website of the National Archives rather than HM Treasury.
However on 12 June the...
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At first glance, the Government’s revised approach to tax policy making retains much of the existing framework. There is, however, a significant change on the commitment to consultation, writes Chris Sanger (EY).
As the durability of tax policy documents go a decade and a half without replacement isn’t bad. So David Gauke then Exchequer Secretary to the Treasury can be justifiably proud of the outcome of the 2010 consultation Tax Policy Making: A New Approach. Much has happened in the intervening 15 years not least the pandemic and its subsequent influence on policy and yet the principles set out in this 2010 document have broadly stood the test of time. In fact it endured for so long that anyone searching for it would be directed to the website of the National Archives rather than HM Treasury.
However on 12 June the...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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