The Institute for Government, the Chartered Institute of Taxation (CIOT), and the Institute for Fiscal Studies (IFS) have written a joint letter to the new Chancellor urging him to take steps in his first Budget and Autumn Statement to improve tax policymaking.

The letter acknowledges that significant improvements to the policymaking process have been made in recent years, such as the 2010 New Approach to Tax Policymaking, and the creation of the Office for Budget Responsibility (OBR). However, it notes that challenges within the system remain, and makes five key recommendations for improvements in the process.

The recommendations in the letter draw on research undertaken by the IfG, CIOT, and IFS, which underpinned Better Budgets: making tax policy better.

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