IFS, CIOT and IFG urge Chancellor to take strategic approach to tax policy

Published on 3 March 2020

The UK needs a tax system formed through a considered strategy, directors say

Following up their 2017 Better Budgets report, the three organisations ask the new Chancellor to:

Maintain the Government’s commitment to holding just a single principal annual fiscal event
Take a strategic approach to tax policy, setting clear guiding principles and objectives
Extend the road-map approach to tax policy-making
Carry out full, open and early consultation
Undertake more systematic evaluation of tax measures

Read the letter.