Policy paper

Tax Policy Making Principles

These principles underpin the government바카라 사이트™s approach to delivering tax policy changes through the single major fiscal event cycle, and how it will engage with stakeholders during tax policy development.

From:
HM Treasury
Published
12 June 2025

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Tax Policy Making Principles

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The following principles underpin the government바카라 사이트™s approach to tax policy making:

  • Predictability and stability: The single major fiscal event cycle will provide a predictable and stable framework for the delivery of tax changes.

  • A smart and agile approach to consultation: The 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.

  • Transparency: The government is committed to transparency, and will make sure that its rationales for tax policy changes and assessments of policy impacts are clear.

  • These principles will enable the government to deliver change quickly, whilst making sure that the impacts of tax policy changes are fully understood.

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Published 12 June 2025

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