Industry brandishes tax consultation day a “damp squib”
Industry brandishes tax consultation day a “damp squib”
Tax leaders criticise the much-anticipated consultation day following delays at the treasury
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The treasury’s anticipated tax policy and consultation day was a series of lost opportunities, according to senior tax officials.
Last Tuesday, the government published 30 tax updates, consultations and policies following its announcement in February it would postpone the release of the publications that are traditionally shared on Budget day.
“We lost an opportunity on the consultation day to set out the roadmap and the rationale behind where the future tax regime is going,” says Chris Sanger, head of tax policy at EY. “They’ve done that on the administration side, and they should be doing the same on the policy side.