The tax system of the future

Bill Dodwell examines the ten-year Tax Administrati on Strategy set out by the Treasury and HMRC

On 21 July, the Treasury and HMRC published a ten-year Tax Administration Strategy (see bit.ly/31b47QI), introduced by the Financial Secretary to the Treasury. 

The document ‘sets the government’s vision for the future of tax administrati on in the United Kingdom, designed to improve its resilience, effectiveness and support for taxpayers’. Inevitably, there is mention of how well HMRC has responded in making the various Covid-19 payments, but it has been a struggle to get data from older systems. Ministers have been clear that systems limitations – rather than policy limitations – have meant that they could not provide support to everyone who has lost significant income due to the pandemic.