The Government’s one page 2021-22 Tax Policy Work Programme signals its immediate and longer term priorities for the tax system. Short on detail, it nevertheless contains important directions for travel. Some might be more apparent than others – e.g. the residential housing tax changes, which use tax levers to try to achieve non-tax objectives. The interaction between tax policy and other policy objectives is a key, but not the only, focus. Integrity, general maintenance of the tax system and the use of tax in the COVID-19 response remain key pillars.
In a change from our usual Taxmail approach, our thoughts are combined with the one pager as a graphic. Hopefully, this provides some context and makes it easier to see how the programme may affect you.
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