- Home
- Budget
- Newsroom & speeches
- Economic data
- Consultations & legislation
- Independent reviews
- Financial services
- Infrastructure
- International issues
- Public spending & reporting
- Taxation, work and welfare
-
- Corporate tax
- Indirect tax
- Tax and the environment
- Office of Tax Simplification
- Tax policy making
- Public Sector Pay
- Public Service Pensions (PSP)
- Controlled Foreign Companies (CFCs)
- Taxation of Foreign Branches: documents published prior to 29 November 2010
- Patent Box
- Tax avoidance
- Income tax and National Insurance Contributions (NICs)
- UK economy
- About us
Taxation, work and welfare
The new approach to tax policy making
09 December 2010
The Government is committed to improving the way it makes tax policy to restore the UK tax system’s reputation for predictability, stability and simplicity. A discussion document was published at the June Budget setting out a number of proposals for improving the framework for developing, legislating and implementing tax policy.
'Tax policy making: a new approach' consultation and response documents are available in Adobe Acrobat Portable Document Format (PDF). If you do not have Adobe Acrobat installed on your computer you can download the software free of charge from the Adobe website. For alternative ways to read PDF documents and further information on website accessibility visit the HM Treasury accessibility page.
On 9 December, the Government published its response to the discussion document. It provides a summary of the ways in which tax policy making will change as a result of this consultation.
The Government is determined to reinforce the new approach by continuing with this constructive engagement. Specifically, as set out in the discussion document, it welcomes feedback from interested parties on:
- the publication of Finance Bill clauses in draft and the way in which information relating to the draft legislation is communicated, including the new Tax Information and Impact Notes;
- the draft Tax Consultation Framework (HMRC website, opens in new browser window); and
-
the draft Protocol for announcing changes to tax law with immediate effect outside fiscal events (HMRC website, opens in new browser window).
The Government is embedding this approach in the way it develops, legislates and implements tax policy.
On 15 March, the Government announced in a written ministerial statement that it will publish a tax information and impact note for tax policy changes at the point at which the policy design is final or near final.
On 23 March, alongside Budget 2011, the Government published a document called “Overview of tax legislation and rates”, which contained tax information and impact notes for new tax measures in Budget 2011.
The Government has also now published final versions of the Tax Consultation Framework and Protocol for announcing unscheduled tax changes. These may found via the links below.
Share
