CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. UK Lawmakers Urged To Heed Expert Tax Reform Advice

UK Lawmakers Urged To Heed Expert Tax Reform Advice

by Jason Gorringe, Tax-News.com, London

16 January 2017


UK members of parliament should consult tax experts before scrutinizing finance bills and be "more rigorous" in examining new measures, according to Andrew Tyrie, the Chair of the House of Commons Treasury Committee.

He said: "Parliament can and should do a more rigorous job of scrutinizing the tax measures."

"It is astonishing that, alone among committees formed to look at each piece of legislation, the Finance Bill Committee does not take evidence from those best informed about the subject before beginning its detailed line-by-line consideration."

He said meeting tax experts would allow MPs to "flag up serious shortcomings in the legislation at the start."

In contribution to Better Budgets: Making Tax Policy Better, a report being prepared by the Chartered Institute of Taxation (CIOT), the Institute for Fiscal Studies (IFS), and the Institute for Government (IFG), Tyrie said that Parliament needed to accumulate "greater expertise" among its staff.

TAGS: Finance | Budgets | tax | value added tax (VAT) | mining | United Kingdom | legislation | Tax

To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »