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The Tax Policy Tango

 
Richard Collier-Keywood Head of Tax at PricewaterhouseCoopers responds to Nick Macpherson's article on tax policy-making under O'Donnell
 
The merger of the Inland Revenue and Customs & Excise into HMRC has naturally created great interest — and in turn a great deal of support — in the UK tax world. We all want to understand how this new body is going to operate and what its aims and objectives are going to be.
 
The immediate perception in the wake of the Chancellor's Budget Day announcement of the acceptance of Gus O'Donnell's recommendations was that it was all about a merger — a twosome getting together. But O'Donnell also had much to say about the Treasury's role in tax policy-making and it is this area that has recently been getting more emphasis. Nick...

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