2006 Review of Links with Large Business - Terms of Reference

Objective

Following the establishment of HM Revenue & Customs (HMRC), to build on the implementation of the Inland Revenue’s Review of Links with Business and identify opportunities to further improve the extent to which the views and experiences of large business are taken into account in the administration of the tax system.

Consultative Committee

A consultative committee, chaired by Sir David Varney, will steer the work of this review. The committee will be made up of representatives of business, HMRC and HM Treasury.

Scope

The review will focus on outcomes designed to:

• provide effective channels of communication to ensure the needs of business are understood by HMRC and are taken into account in administering the tax system and that business understands what HMRC is seeking to achieve;
• develop solutions which improve administrative and operational processes that cause practical difficulties for large businesses;
• introduce processes which ensure that HMRC’s work in respect of policy maintenance and implementation is better informed by the perspective of business;
• ensure the Business Tax Forum remains an effective vehicle for the discussion of operational issues relating to the administration the tax system.

Reporting

The outcomes of the review will be reported to the Chancellor prior to the 2006 Pre-Budget Report.