Responding to the House of Commons Treasury Committee’s inquiry into the future of the tax system after coronavirus, the CIOT makes a number of observations with emphasis on the importance of full and open consultation. In a separate response, the Scottish and Welsh Technical Committees consider the interaction between devolved and reserved taxes. The inquiry is due to close on 7 December 2020.
The Treasury Committee invited views on how the UK tax system will need to change to address the challenges of the post-coronavirus economic environment. Key to the review is the extent to which tax reform can (and should) meet these challenges. The CIOT responses highlight the following:
Responding to the House of Commons Treasury Committee’s inquiry into the future of the tax system after coronavirus, the CIOT makes a number of observations with emphasis on the importance of full and open consultation. In a separate response, the Scottish and Welsh Technical Committees consider the interaction between devolved and reserved taxes. The inquiry is due to close on 7 December 2020.
The Treasury Committee invited views on how the UK tax system will need to change to address the challenges of the post-coronavirus economic environment. Key to the review is the extent to which tax reform can (and should) meet these challenges. The CIOT responses highlight the following: