An announcement this week by Jane Kennedy, Financial Secretary to the UK Treasury, that HM Revenue & Customs (HMRC) will be "...taking forward work with interested parties to develop a Taxpayers' Charter" has been warmly welcomed by the Chartered Institute of Taxation (CIOT).
Rob Ellerby, CIOT President, explained that:
"The CIOT has long argued that a Taxpayers' Charter is necessary in the UK. With the ongoing wide-ranging review and development of HMRC's powers, a charter which collates safeguards is a key balance in the tax system."
He continued: "Today's announcement is an important and welcome acknowledgement of what we have been campaigning for."
The CIOT commissioned a research paper last year, led by Philip Baker QC, on the development of a Taxpayers' Charter, outlining its rationale and how such an agreement might be developed and expressed.
The final paper will be made available to the HMRC team, and the CIOT has stated that it looks forward to participating actively in the forthcoming work.
.
Network Tweets
Network BlogsContent
provided by
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy & Cookies
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment