Better Budgets – six years on

Our next event: Better Budgets – six years on
24 February 2023

Six years ago, CIOT, the Institute for Government and the Institute for Fiscal Studies published a joint report: ‘Better Budgets: making tax policy better’.

Based on extensive interviews with tax policy stakeholders, the report concluded that the tax policy-making process was seriously flawed and that – to reduce taxpayer confusion, cut down costly errors and avoid embarrassing U-turns – the government should overhaul how it makes tax and budget decisions.

Six years on, as Jeremy Hunt prepares to present his first Budget, the three institutes are holding a joint event to look back on the conclusions we reached and the recommendations we made. Did we identify the right problems and solutions? Have there been any improvements in tax policymaking since then? And have any new problems or unexpected solutions appeared?

Our expert panel will include: Bill Dodwell, Outgoing Tax Director at the Office of Tax Simplification and former CIOT President; Paul Johnson, Director of the Institute for Fiscal Studies; Jill Rutter, Senior Fellow at the Institute for Government; and Sir Edward Troup, former HMRC chairman. The event is chaired by Gemma Tetlow, Chief Economist at the Institute for Government.

Join us on Monday 6 March 2023, 17:45 - 19:00, in person in Westminster or online. If you’re reading this after 6 March the event will also be available as a recording.