Large Business Advisory Board

Agenda for the meeting of Tuesday 26 February 2008

at 12.00 am – 13. 00 am in Room G14, 1 Horse Guards Rd

Chair: Dave Hartnett HMRC (Acting Chairman)

Attendees:

Julian Heslop - GlaxoSmithKline
Rudy Markham - Unilever
Ken Lever - Tomkins
Douglas Flint - HSBC
Richard Lapthorne - Cable & Wireless
Melanie Dawes - HMRC (Acting Director-General)
Stephen Banyard - HMRC (Business Customer Unit)
Peter Wharrad - HMRC (Business Customer Unit)
Freda Chaloner - HMRC (Large Business Service)
Geoff Lloyd - HMRC (CT & VAT)
Mark Neale - HM Treasury

Secretariat:

Judith Knott - HMRC (Business Customer Unit)
Angela Brown - HMRC (Business Customer Unit)

Apologies:

Richard Lambert - CBI

Agenda items:

12:00 – 12:05 Welcome and introductions

12:05 – 12:15 Update on progress:

• certainty on the tax outcome of commercial transactions and inward investment to the UK
• clarity through effective consultation and dialogue
• risk management, matching resource to risk
• speed of resolution in those areas that necessitate greater HMRC intervention

12:15 – 12:30 Budget announcement

• Comments on the Budget publication
• Chairman’s foreword/business response

12:30 – 12:40 Measures of success

12:40 – 12:55 Forward look

• Risks to operational delivery through to 2009
• Issues of concern from business

12:55 – 13:00 AOB

Meeting organiser Bev Duncan 020 7147 3286
Angela Brown 07765 230304