The government’s new approach to making tax policy inevitably leads to an extended timetable for the introduction of new tax laws.
The government’s new approach to making tax policy inevitably leads to an extended timetable for the introduction of new tax laws.
That is not necessarily a bad thing. It certainly produces a greater opportunity for consultation. It does however mean that away from the headline-grabbing the Budget is packed with announcements confirming the introduction of measures that have previously been announced or proclaiming periods of consultation for new measures which may or may not form part of future Finance Bills. Here are a few examples of both.
The consultation process on the taxation of foreign profits has been running for some time. It produced some quick wins – a broad exemption system for dividends – but not without collateral damage to the taxation of...
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The government’s new approach to making tax policy inevitably leads to an extended timetable for the introduction of new tax laws.
The government’s new approach to making tax policy inevitably leads to an extended timetable for the introduction of new tax laws.
That is not necessarily a bad thing. It certainly produces a greater opportunity for consultation. It does however mean that away from the headline-grabbing the Budget is packed with announcements confirming the introduction of measures that have previously been announced or proclaiming periods of consultation for new measures which may or may not form part of future Finance Bills. Here are a few examples of both.
The consultation process on the taxation of foreign profits has been running for some time. It produced some quick wins – a broad exemption system for dividends – but not without collateral damage to the taxation of...
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:
