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12 October 2010
The way that the Government consults on tax policy leaves much to be desired, says SIMON MCKIE
Key points
- Abuse of the consultation process in recent years.
- Use of guidance to correct faulty legislation.
- New legislation should be reviewed for accuracy.
- Current method of consultation is too one-sided.
- Use an independent body to oversee consultation.
On the day of the current Chancellor’s first Budget speech 22 June 2010 the Government published a consultation paper entitled ‘Tax policy making: A new approach’.
In a foreword to the paper David Gauke Exchequer Secretary to the Treasury explained:
‘Making the right decisions on tax policy is critical – it makes a difference to almost every business and citizen in the UK. This is more important than ever as we face the urgent task of reducing Government borrowing …
‘The Government is committed to...
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