Government warned against rushing Finance Bill
Gina Dyer reports from the House of Lords, where Treasury secretary Stephen Timms confirmed there will be a Finance Bill before the election. However, it could do more harm than good if the government rushes through complex tax legislation.
This was the view of representatives from two key accountancy bodies, the ICAEW and the CIOT at today’s debate at the House of Lords, ‘Taxing our way out?’, hosted by the Smith Institute and the Oxford University Centre for Business Taxation.
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