The government's responses to recent tax consultations will be published ‘on or by’ 6 December, along with draft legislation to be included in Finance Bill 2012. George Osborne will deliver his autumn statement on the economy on 29 November.
‘The government’s approach to tax policy making puts consultation on policy and scrutiny of legislation as the cornerstones,’ David Gauke, the Exchequer Secretary to the Treasury, said today.
‘Over the summer, HM Treasury and HMRC have been seeking the views of interested parties on the tax policies announced at Budget 2011. Responses to these consultations will be published on or by 6 December 2011.
‘As part of the next stage of consultation draft legislation for these measures, to be included in Finance Bill 2012, will also be published on that date. This will be supplemented by draft Explanatory Notes and Tax Impact and Information Notes. The draft clauses will be open to consultation until 10 February 2012.’
The government announced last Friday that it had cancelled a consultation on proposed measures to counter tax avoidance ‘exploiting’ double tax treaties.
The government's responses to recent tax consultations will be published ‘on or by’ 6 December, along with draft legislation to be included in Finance Bill 2012. George Osborne will deliver his autumn statement on the economy on 29 November.
‘The government’s approach to tax policy making puts consultation on policy and scrutiny of legislation as the cornerstones,’ David Gauke, the Exchequer Secretary to the Treasury, said today.
‘Over the summer, HM Treasury and HMRC have been seeking the views of interested parties on the tax policies announced at Budget 2011. Responses to these consultations will be published on or by 6 December 2011.
‘As part of the next stage of consultation draft legislation for these measures, to be included in Finance Bill 2012, will also be published on that date. This will be supplemented by draft Explanatory Notes and Tax Impact and Information Notes. The draft clauses will be open to consultation until 10 February 2012.’
The government announced last Friday that it had cancelled a consultation on proposed measures to counter tax avoidance ‘exploiting’ double tax treaties.
