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7th Nov 2019
by Andrew Earnshaw


Tax Notes – Andrew Goodall:

Treasury ministers in the next U.K. government should act on the recommendations of the loan charge review “within days” of their appointment in December, the Chartered Institute of Taxation said.

Amyas Morse, former head of the National Audit Office, was expected to report his findings to HM Treasury by mid-November. Ministers remain in post despite the dissolution of Parliament on November 6 to make way for a December 12 general election, but government activity is restricted in the pre-election period. Financial Secretary to the Treasury Jesse Norman said in a November 5 letter to Morse that ministers “have agreed that it would be most appropriate” for his report to be submitted to the new government. (cont.)

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