Rhiannon Kinghall Were (Macfarlanes) examines the draft legislation and other policy measures published this week.
Back in 2016 the government announced that it was moving to a single fiscal event to be held in autumn so that tax changes would be announced well in advance of taking effect and more time was available to scrutinise draft tax legislation. The new process started well in 2017 however Brexit a general election and the pandemic have hindered the integrity of this ambition. No Budget was held in 2019. And this year 2020 we are likely to witness two Budgets. While political events have got in the way of the tax policy making process the government remains committed to publishing draft tax legislation in advance. This level of transparency continues to be welcome in order to provide greater...
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Rhiannon Kinghall Were (Macfarlanes) examines the draft legislation and other policy measures published this week.
Back in 2016 the government announced that it was moving to a single fiscal event to be held in autumn so that tax changes would be announced well in advance of taking effect and more time was available to scrutinise draft tax legislation. The new process started well in 2017 however Brexit a general election and the pandemic have hindered the integrity of this ambition. No Budget was held in 2019. And this year 2020 we are likely to witness two Budgets. While political events have got in the way of the tax policy making process the government remains committed to publishing draft tax legislation in advance. This level of transparency continues to be welcome in order to provide greater...
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:
