Tax Policy Making Principles
皇冠体育appse principles underpin the government鈥檚 approach to delivering tax policy changes through the single major fiscal event cycle, and how it will engage with stakeholders during tax policy development.
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皇冠体育app following principles underpin the government鈥檚 approach to tax policy making:
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Predictability and stability: 皇冠体育app single major fiscal event cycle will provide a predictable and stable framework for the delivery of tax changes.
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A smart and agile approach to consultation: 皇冠体育app government will engage stakeholders fully and flexibly when developing tax policy, prioritising dynamic and frequent engagement with tax professionals at both ministerial and official levels. Where formal consultation is required, it will be targeted and precise, only seeking information that is genuinely needed, and will last a proportionate amount of time.
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Transparency: 皇冠体育app government is committed to transparency, and will make sure that its rationales for tax policy changes and assessments of policy impacts are clear.
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皇冠体育appse principles will enable the government to deliver change quickly, whilst making sure that the impacts of tax policy changes are fully understood.