Source · Select Committees · Treasury Committee

Recommendation 18

18 Paragraph: 120

The Government should wherever possible announce major changes to the rates of existing taxes and...

Recommendation
The Government should wherever possible announce major changes to the rates of existing taxes and the introduction of new taxes at a Budget or other fiscal event such as a Spring Statement. This allows Parliament to consider the measures announced alongside an independent forecast by the OBR of the fiscal consequences of the measures.
Paragraph Reference: 120
Government Response

A response document is linked to this report, dated 2 March 2022. Response attribution to this recommendation has not been verified. Read the response document ↗