SPEED READ If the June Budget was an ‘emergency’ the next fiscal events will tell us more about the Coalition’s vision for the future of the tax system. However tax policy cannot be made in a vacuum, impervious to political pressures; nor can the coalition begin from a blank sheet of paper – totemic taxes and the inertia of the current system all act as constraints to reform and to delivering on the goal of making the UK tax system the most competitive in the G20. Will the Coalition’s Autumn ‘roadmap’ set out a strategic vision for the tax regime and determine what to tax and what not to tax?
