New Clause 1 - Reports to Treasury Committee on measures to simplify tax system

Finance No. 2 Bill – in a Public Bill Committee at 4:30 pm on 18 May 2023.

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“(1) The Treasury must report to the Treasury Committee of the House of Commons on steps taken by the Treasury and HMRC to simplify the tax system in the absence of the Office of Tax Simplification.

(2) Reports under this section must include information on steps to—

(a) simplify existing taxes, tax reliefs and allowances,

(b) simplify new taxes, tax reliefs and allowances,

(c) engage with stakeholders to understand needs for tax simplification,

(d) develop metrics to measure performance on tax simplification, and performance against those metrics.

(3) A report under this section must be sent to the Committee before the end of each calendar year after the year in which section 346 (abolition of the Office of Tax Simplification) comes into force.”—

This new clause would require the Treasury to report annually to the Treasury Committee on tax simplification if the Office of Tax Simplification is abolished.

Brought up, and read the First time.

Question put, That the clause be read a Second time.

Division number 3 Finance No. 2 Bill — New Clause 1 - Reports to Treasury Committee on measures to simplify tax system

Aye: 2 MPs

No: 9 MPs

Aye: A-Z by last name

No: A-Z by last name

The Committee divided: Ayes 2, Noes 9.

Question accordingly negatived.