§ Barbara FollettTo ask the Chancellor of the Exchequer, what progress has been achieved by the tax law rewrite project in the last year; and what plans it has for the coming year. [161124]
§ Dawn PrimaroloI am pleased to announce that the Tax Law Rewrite project has continued to make excellent progress in the past 12 months. The Inland Revenue will shortly publish a report which reviews the recent progress of the project and outlines its work programme for the current year.
The Capital Allowances Act 2001, the project's first Act, became law in April. This is a major achievement and one that has been warmly welcomed by the main users of tax law. The tax community is keen that the project should continue and looks forward to further rewritten legislation in the future.