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Review of Lord Mayor's Debates

The 2008 global recession may have engendered an era of deep distrust of the approach of government and business to the issue of tax, but the profession has its role to play in righting the wrongs of the past and restoring public trust in the UK and international tax systems.

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Treasury Committee enquiries and disputes hearing with LITRG

The Treasury Select Committee has held its first hearing as part of its inquiry into the conduct of tax enquiries and resolution of tax disputes. Witnesses included Victoria Todd of the CIOT's Low Incomes Tax Reform Group and (in a personal capacity) CIOT Council member Keith Gordon. This liveblog was updated through the hearing.

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Single fiscal event here to stay, says tax minister at CIOT Parliamentary Reception

Financial Secretary Mel Stride praised the role of the CIOT in helping shape tax policy, and promised the Government would stick to its objective of ‘decluttering the tax terrain’, in a speech at the Institute’s parliamentary reception last night (5 June).

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Treasury Committee Chair Nicky Morgan gives CTA Address (plus audio)

Nicky Morgan MP, Chair of the House of Commons Treasury Committee, used her invitation from the CIOT to give the 2018 CTA address, to explain the role of the committee, briefly outline its current work and speculate on why tax has become such a hot topic in the media, as well as raise concerns about HMRC’s customer service.

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Business and NGOs set out joint principles for tax incentives

The CBI and three international development NGOs – ActionAid, Christian Aid and Oxfam – have published a joint briefing identifying common ground between them in relation to use of tax incentives in the developing world.

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Commission calls for property and inheritance tax reforms

A new report has called for national insurance for pensioners, replacing council tax with a tax based more closely on property values, halving SDLT and replacing inheritance tax with a lifetime receipts tax.

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MPs take up LITRG concerns on universal credit

The House of Commons Work and Pensions Committee has launched a report titled Universal Credit: supporting the self-employed. The report draws extensively on written and oral evidence from the CIOT’s Low Incomes Tax Reform Group (LITRG).

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Ministers fail to reach agreement on customs proposals

A much-anticipated meeting of the Brexit cabinet committee to consider Post-Brexit Customs arrangements ended inconclusively on Wednesday, according to reports.

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HMRC to scrap projects because of Brexit pressure

The Public Accounts Committee (PAC) held an oral evidence session on HMRC's performance, on Monday 30 April 2018. The witnesses were Jon Thompson, Permanent Secretary, HMRC, and Jim Harra, Second Permanent Secretary, HMRC. Chair Meg Hillier, Labour, opened the hearing by comparing this ‘catch-up’ session with HMRC to the BBC show Mastermind, given the likely range of questions on taxation by MPs directed towards the tax authority’s representatives 

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MPs pass pro-customs union motion but government unmoved

The House of Commons has passed a motion calling on the Government to include the establishment of an effective UK-EU customs union as an objective in Brexit negotiations. The motion was passed without a vote after the Government instructed its MPs to abstain and most opponents of such a customs union stayed away. (The full motion appears at the bottom of this report.)

 

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