Tax body raises concerns over lack of scrutiny

The Chartered Institute of Taxation has criticised the number of measures in Finance (No 3) Bill on which there has been no previous consultation and says the timetable for its passage through parliament is too tight.

Glyn Fullelove chair of the CIOT’s technical committee said: ‘There are too many measures in this Bill that have not been through the government’s tax consultation process. Just 37 of the 90 substantive clauses and 12 of the 19 lengthy schedules were included in the draft Bill published for consultation over the summer.’

The timetable for the legislation also met with criticism. Only two working days separated the publication of the Bill on 7 November and its second reading on 12 November. The institute understands that the committee of the whole house will debate it on 19 and 20 November with the public bill committee stage beginning on 22 November.

Mr...