Better Budgets: Has tax policy making improved?
This event looked back on the conclusions and the recommendations of the IfG's report on ‘Better Budgets: making tax policy better’.
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Six years ago, the Institute for Government, Institute for Fiscal Studies and the Chartered Institute of Taxation published a joint report on Better Budgets: making tax policy better. Based on extensive interviews with tax policy stakeholders, the report concluded that the tax policy-making process was seriously flawed and that – to reduce taxpayer confusion, cut down costly errors and avoid embarrassing U-turns – the government should overhaul how it makes tax and budget decisions.
Six years on from the report, and as chancellor Jeremy Hunt prepares to present his first budget following a tumultuous autumn for tax policy, this event will look back on the conclusions we reached and the recommendations we made. Did our report identify the right problems and solutions? Have there been any improvements in tax policymaking since then? And have any new problems or unexpected solutions appeared?
To discuss these questions and more, our expert panel included:
- Bill Dodwell, Outgoing Tax Director at the Office of Tax Simplification and former CIOT President
- Paul Johnson, Director of the Institute for Fiscal Studies
- Jill Rutter, Senior Fellow at the Institute for Government
- Sir Edward Troup, Tax and Tax Policy Commentator and former HMRC Permanent Secretary
The event was chaired by Gemma Tetlow, Chief Economist at the Institute for Government.
Follow us at @ifgevents and get involved in the conversation using #BetterBudgets
We would like to thank the Chartered Institute of Taxation and the Institute for Fiscal Studies for collaborating on this event.
