Scope of Inland Revenue’s long-term insights briefing
Inland Revenue is seeking feedback on the scope of its next long-term insights briefing.
Long-term insights briefings are future-focused think pieces that government departments produce every three years. They provide information on long-term trends, risks and opportunities as well as possible policy responses. The briefings are developed by departments independently of ministers and are not current government policy.
Inland Revenue is proposing that its next long-term insights briefing explores what broad structure of the tax system would be suitable for the future, given long-term fiscal pressures and current tensions in our system. The briefing would approach this topic by focusing on two elements of the tax system: the regimes through which we tax income and consumption, and our mix of tax bases.
Further details on our proposed long-term insights briefing, including how to provide feedback, can be found in the consultation document 'Our tax system: Bases and regimes'. We have also provided a one-page summary.
The closing date for feedback is 4 October 2024.