Coronation Parade, 42 Cannon Lane, Pinner, Middlesex HA5 1HW

Call 020 8429 3636 - email excellence@dewanis.com

CIOT, IFS and IfG urge Chancellor to 'take a new approach to making tax policy'

The Chartered Institute of Taxation (CIOT), the Institute for Fiscal Studies (IFS) and the Institute for Government (IfG) have urged Chancellor Sajid Javid to 'take a new approach to making tax policy'.

02 Aug 2019

The Chartered Institute of Taxation (CIOT), the Institute for Fiscal Studies (IFS) and the Institute for Government (IfG) have urged Chancellor Sajid Javid to 'take a new approach to making tax policy'.

The groups have co-signed a letter to the Chancellor, in which they urge him to outline the principles and objectives that will inform his tax policy.

In the letter, the groups called for the Chancellor to 'consult on tax policies at an earlier stage in policy development', and to 'professionalise tax policy-making in the Treasury'. They also urged the Chancellor to confirm that there will be 'no going back' to the 'old days of multiple fiscal events'.

Additionally, the groups have called for the Chancellor to 'consult earlier with a wide group of stakeholders' on tax matters, and to carry out 'more systematic evaluation of tax measures', including tax reliefs. Tax measures must be effectively reviewed to ensure they are 'achieving their objectives at acceptable cost', the groups added.

The letter can be read in full here.

Try a site search Tax return, dividends, pension, spring statement...

Home | Attribution | Contact us | Site map | Accessibility | Disclaimer | Privacy Notice | Help | Search |

Dewanis is a trading name of Dewanis Limited, a company registered in England company No: 06324851. VAT Registration No: 997 6860 34. Director: Ragesh K Dewani ACIB FCA, Registered office address: Coronation Parade, 42 Cannon Lane, Pinner, Middlesex HA5 1HW.

Registered to carry on audit work in the UK and Ireland by the Institute of Chartered Accountants in England and Wales
A member of the ICAEW Practice Assurance Scheme.

© 2020 Dewanis Chartered Accountants. All rights reserved. We use cookies on this website, you can find more information about cookies here.